ET supplies Strata in N. Carolina
ET Solar, the Chinese PV manufacturer and EPC player, has delivered 13MW of modules to North Carolina-based developer Strata Solar for two ground-mount arrays in its home state.
North Carolina has become the fourth-largest statewide market in the US on the back of the booming utility-scale segment, with installations primed to grow 80%.
North Carolina joins New Jersey (the third largest US state market) and Massachusetts (the fifth) to create a compelling demand centre along the Atlantic seaboard, which is increasingly capable of competing with the sunny West Coast for the attention of developers and module suppliers.
“We see the east coast as a key market in the United States,” says ET chief executive Dennis She.
Nanjing-based ET is an increasingly aggressive presence in the global PV space, taking advantage of its early-mover position as a China-based solar EPC player. Two years ago ET secured an 8bn yuan ($1.3bn) war chest from China CITIC Bank.
ET, which claims to have an in-house module capacity of more than 1GW, has installed more than 300MW of PV capacity globally, including a recently commissioned array in Ukraine.
The privately held company has found considerable success in the US in recent months, including a 10.8MW order from geothermal specialist Ormat in California.