ET Solar Announces a 4.2MW Solar Module Supply Agreement with Wagner Solar UK Ltd.

NANJING, China, July 20, 2011 -

ET Solar Group Corp. (”ET Solar”), a solar power one-stop
solution provider, today announces a 4.2MW solar module supply
agreement with Wagner Solar UK Ltd. (”Wagner”) for the second half
of 2011.

Headquartered in Germany, Wagner distributes solar PV products
through its UK branch and has been procuring PV modules from ET
Solar for more than a year.

Dennis Shaw, President and Chief Executive Officer of ET Solar,
commented: “We are very pleased to have developed a strong
distributor relationship with Wagner in the UK market. In the past
year, our joint marketing efforts paid good dividends to both
firms. For instance, we received strong interest in our modules
that Wagner promoted over the Greenbuild Expo trade show held in
Manchester last month. Going forward, we will continue to partner
with Wagner to boost our brand name and strengthen Wagner’s
distribution network.”

Carsten Pump, Managing Director of Wagner Solar UK Ltd., added:
“We are very impressed with the outstanding product quality and
multi-dimensional services that ET Solar has been offering. Having
a strong and reliable partner is very critical to our business
development in the UK market and we look forward to achieving
greater successes with ET Solar as the market further
develops.”

About ET Solar

ET Solar is a solar power one-stop solution provider. With local
sales and marketing subsidiaries and offices in Asia, Europe, and
North America, ET Solar has provided solar modules, solar tracking
systems and turnkey solutions services to its customers in over 50
countries. To learn more about ET Solar, visit href="www.etsolar.com/">www.etsolar.com

About Wagner Solar UK Ltd.

Wagner Solar UK Ltd. is a newly established joint venture of AC
Solartechnic and the multi-award winning German solar industry
pioneer Wagner & Co Solar Technology. Wagner & Co is a
versatile one-stop manufacturer and provider of integrated solar
thermal and photovoltaic energy solutions, components and racking
systems of all scales. On November 1, 2010, Chichester-based AC
Solartechnic joined forces with Wagner & Co Solar Technology to
provide privileged access to photovoltaic equipments and high-end
solar thermal installations. To learn more about Wagner Solar UK
Ltd., visit href="www.wagner-solar.com/">www.wagner-solar.com

Tracy Lau, ET Solar Group, +86-25-8689-8096 x9038, +86-25-8689-8097(Fax), tracy.lau at etsolar.com