Info
Info
News Article

Midsummer Increases Solar Panel Orders By 550 Percent

News

Company benefits from increasing marketing focus on integrated solar panels for end consumers

The Swedish manufacturer of CIGS solar cells and solar panels Midsummer increased order intake of its thin, light and flexible solar panels SLIM, WAVE and BOLD by 551 per cent during the first quarter this year compared with the same period last year.

”We have shifted our business focus over the past year and are investing heavily in marketing our building integrated solar panels to the end consumer market as we see enormous potential for beautiful and easily installed sunroofs that basically look like ordinary roofs,” said Sven Lindström, CEO, Midsummer.

Order intake of solar panels during the first quarter of this year amounted to SEK 9 870 000, an increase of 551 percent from the same period last year.

“The big increase in sales in this period is validation that we are on the right track. Our attractive roofs have been received very well by customers and demand is increasing strongly from both private and commercial property owners.”

“We are supported by more conscious customers, both in terms of environmental impact and design. Our hyper-efficient production process means that our panels have a carbon footprint that is only one tenth of most other panels,” concludes Mr. Lindström.

Midsummer will announce its full quarterly report on May 17.

Midsummer also develops and markets production equipment for solar cells in the form of the DUO system. DUO is the most widespread production system for flexible CIGS solar cells in the world.



AngelTech Live III: Watch the virtual event ON-DEMAND!

AngelTech Live III was broadcast live on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and features online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

The event covered the whole spectrum of key developments affecting the compound semiconductor industry. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. This was considered a roadmap for this device, along with technologies for boosting its output.

With 3 interactive sessions over 1 day AngelTech Live III proved to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FREE

VIEW ON-DEMAND

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event