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Swedish group Midsummer wins US solar project deal

STOCKHOLM, December 27, 2018

Solar energy technology leader Midsummer, one of the world's leading developers and suppliers of advanced solar energy solutions, has received an order from US solar panel manufacturer Sunflare worth over $7 million for production equipment of thin film solar cells.

The production equipment will be installed at a new solar panel factory in China, which will open next year,said a statement from the company.

Production of the equipment begins after New Year at Midsummer's factory in Järfälla, outside of Stockholm, and delivery will be made to customers later in 2019, it added.

On the win, CEO Sven Lindström said:"Midsummer AB is pleased to receive this very significant order for production equipment. The type of flexible thin film solar cells that we develops production equipment for, is coming into increasing demand worldwide, not least because of its low weight and flexibility which fits well in urban environments."

"They are also produced in an environmentally friendly manner with simplicity of installation. As an example of how strong the global trends are: the recent decision in California that all new homes built in the state must have solar power installed from January 1, 2020, that's already in a year. There are over 70.000 houses built in that state alone each year. Other states are expected to follow, as well as other countries," he added.

Sunflare CEO Philip Gao said: "The demand for our products in the US has exceeded our expectations and we rapidly need to expand our production capacity with the help of our established partner Midsummer. Our new products, including our modern design driven solar roof shingle, have attracted a lot of attention in the industry. We are keen on delivering innovative solar in applications that have been largely unserved."

Sunflare, with global headquarters in La Verne, California, is the world's leading provider of flexible mass-produced thin film solar cells of the type CIGS, which is especially suitable for weak roofs and new roofs for private homes as well as for factories and offices.

Manufacturing takes place in China and the company focuses primarily on the Californian market and in the long term also on the rest of the US and Asia.

"The market is facing strong growth and we are very well positioned to capture a big portion of it," he added.-TradeArabia News Service




Tags: sweden | Midsummer |

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