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Midsummer Receives Repeat Order from Asia

Order value is approximately $3.3 million.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Midsummer has received a repeat order from Asia for production equipment worth about 30 million SEK  ($3.3 million). A partial payment will be made within 30 days. The production equipment will be delivered to the customer during the first half of 2019.
 
”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,” said Sven Lindström, CEO, Midsummer AB.

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