News: Photovoltaics
2 April 2021
Midsummer’s solar panel orders grow by 550% year-on-year in Q1
Midsummer AB of Järfälla, near Stockholm, Sweden – a provider of turnkey production lines as well as flexible, lightweight copper indium gallium diselenide (CIGS) thin-film solar panels for building-integrated photovoltaics (BIPV) – says that order intake for its SLIM, WAVE and BOLD thin, light and flexible solar panels in first-quarter 2021 were SEK9,870,000, up 551% year-on-year.
Midsummer also develops and markets production equipment for solar cells in the form of the DUO system (claimed to be the world’s most widespread production system for flexible CIGS solar cells). “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,” says CEO Sven Lindström.
“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,” he adds.
“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 Lindström.
Midsummer will announce its full quarterly report on 17 May.
