Midsummer Increases Solar Panel Orders By 550 Percent
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: Join us on 12 April 2021!
AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST)
and will feature online
versions of the market-leading physical events: CS International
and PIC International
PLUS a brand new Silicon Semiconductor International
Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.
2021 is no different. 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. We shall consider a roadmap for this device, along with technologies for boosting its output.
We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.
We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.
Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.
Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove 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 FOR FREE