Solar energy leader receives repeat order from Asia

Solar energy technology leader Midsummer is experiencing greater global interest in the company's proprietary compact system for fast, fully automated manufacturing of CIGS solar cells. Midsummer has now received a repeat order for equipment for the production of thin film solar cells from Asia worth about 30 MSEK. The production equipment will be delivered to the customer in the first half of next year and a partial payment will be made within 30 days.

Sven Lindström, CEO, Midsummer AB, stated: “This repeat order is a strong indication that interest in our advanced solutions for the production and installation of thin film solar cells is growing in the Asian market. Several strong global trends support our business idea and operations, not just the general need to switch to renewable energy, but also technical and regulatory developments that make thin solar panels attractive in urban environments. Now, we intend to strengthen our production capacity further to meet the increased demand for our products.”