Solar Investors, take a look at Solar EnerTech (SOEN)
Solar Cell (PV) manufacturer, producing 25 MW Solar Cells. production capacity to get doubled in 2008 e.g. 50 megawatts = $200 million revenue.
Headquartered at California's technology hub Silicon Valley. 42,000 sq ft manufacturing facility at Shanghai, China R&D Lab with Shanghai University.
Current Revenue Stream ======================== Annual $35 million sales contract wit Italian distributor ErgonSolair-WonlexTech Yearly $8M sales to with Shanghai Very Sun Technologies Co., Ltd. Yearly $9M sales to Fan Qie Trading Ltd. of Shanghai Yearly $7.5M sales to Indian distributor Khandelwal Solar Power Limited Six large new purchase orders from Spain, Malaysia, Turkey and South Africa,
SOEN getting huge demand for its products from domestic as well as international arenas. Annual revenue to hit $200+ million in Fiscal 2008 and $450 million in 2010.
Polysilicon Contracts ====================== Signed 10 years contracts with Jiangsu Photovoltaic Industry Development Co., Ltd. ("JPID") of China, to buy Polysilicon