ET Solar and CECEP Connected Two Rooftop Projects in Italy

NANJING, China, May 30, 2012 — ET Solar Group Corp. (“ET Solar”), one of the leading solar PV one-stop solution providers, today announces completion and grid connection of two rooftop PV projects in Italy with total installed capacity over 2.3 MW.

Located in the northwestern part of Sardinia, 10 kilometers west of the regional capital Sassari, the 1.83 MW project consists of 3 rooftop solar systems that were grid connected in April this year. The other 0.48 MW project is located in Aprilia, Latina, it was also connected to the grid at the same time. Both of the projects were developed, designed, built and invested jointly by ET Solar and CECEP Solar Energy Technology Co Ltd (“CECEP Solar”), a unit of China Energy Conservation and Environmental Protection Group (a large Chinese state owned corporation).

Mr. Dennis She, President and Chief Executive Officer of ET Solar, commented: “We are pleased to have expanded our business relationship with CECEP Solar. Our strengths in project development, design, construction and equipment supply and CECEP’s unique understanding of the industry, rich experience in project construction and operation, and strong financing capabilities are a perfect fit that will lead us to further successes.”

Mr. Huabin Cao, the general manager of CECEP Solar Energy, added: “We are very pleased to partner with ET Solar for these projects and we look forward to further cooperation in the years to come.”

About CECEP Solar

Established in September 2009, the CECEP Solar Energy Technology Co., Ltd is a holding subsidiary of the China Energy Conservation and Environmental Protection Group. Engaged in product manufacture, R&D in Technology, project development and construction, the company is qualified as a leading enterprise in solar energy field of China with 310MW PV plants in operation and 13GW pipeline. To learn more about CECEP Solar, visit http://www.cecsec.cn

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