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SET-Solar Establishes Local U.S. Marketing and Sales Operations for its Photovoltaic Solar Modules

Posted on: Wednesday, 8 July 2009, 07:00 CDT

MOUNTAIN VIEW, Calif., July 8 /PRNewswire/ -- SET-Solar Corp., a provider of mono-crystalline photovoltaic solar modules, announced today it has established marketing and sales operations for its solar modules in the U.S. SET-Solar is part of a larger vertical integration strategy that includes Jiangsu Shunda PV-Tech Co. Ltd., one of the largest manufacturers of high-grade polysilicon and silicon wafers in China, and Solar Enertech, Inc. (OTC Bulletin Board: SOEN), a U.S.-based company producing advanced solar cell technology. Through this strategic alliance, SET-Solar brings value to solar panel installers, integrators and distributors by offering them quality modules at direct pricing, without the mark up of middlemen or delays dealing with offshore suppliers.

"SET-Solar's unique vertically integrated manufacturing approach guarantees highly reliable products because we control the quality of the entire manufacturing process. We don't rely on outside suppliers for our panel components," stated Roland Chu, Chief Executive Officer at SET-Solar Corporation. "We not only control the quality of production but the volume as well, giving us ample supply to fill the increasing demand for solar modules now, and in the future."

With SET-Solar modules, customers realize a higher return on investment due to the higher power output per panel. The company's panels utilize state-of-the-art solar cell technology from Solar Enertech. These advanced solar cells have a higher photovoltaic conversion rate and render more power generating the most watts per area.

SET-Solar will showcase its product offerings at the Intersolar North America 2009 Conference and Exhibition in San Francisco, California, July 14-16, 2009 in Booth #7621. The company will have specialists available to discuss solar solutions for large and small applications. SET-Solar will be among many new "green" suppliers exhibiting at the conference.

"We're very aware of the effects of the manufacturing process on the environment. After all, we're in business to protect the earth," commented Roland Chu. "We have one of the cleanest polysilicon refinery processes for our industry in existence. Our manufacturing facilities follow the strictest international standards for pollution control, toxic waste reclamation and sustained renewable resources."

About SET-Solar

SET-Solar Corporation is based in Mountain View, California. The Company markets and sells high-quality, mono-crystalline photovoltaic solar modules to integrators, installers and distributors in the U.S. SET-Solar is part of Jiangsu Shunda PV-Tech Co. Ltd., one of the largest manufacturers of high-grade polysilicon and silicon wafers in China, and Solar Enertech, Inc. (OTC Bulletin Board: SOEN), a U.S.-based company producing advanced solar cell technology.

Forward-Looking Statements

Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond our control that could cause actual events and results to differ materially from these statements. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which are relevant as of the date of the given press release and should not be relied upon as of any subsequent date. SET-Solar undertakes no obligation to update publicly any forward-looking statements.

SOURCE SET-Solar Corp.

Source: PR Newswire

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