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The latest update is out from Midsummer AB ( (SE:MIDS) ).
Midsummer AB has established a subsidiary in Colombia to tap into the growing Latin American market for solar energy. The new subsidiary, Midsummer Colombia SAS, will focus on sales and business development in the region, leveraging Colombia’s high electricity prices, solar radiation, and incentives for renewable energy. The company’s lightweight solar panels are particularly suited for the region’s weak roofs, with a market potential of over 21 GW in Colombia alone. The expansion is expected to enhance Midsummer’s market positioning and drive future growth, with several installations already confirmed and a promising pipeline for 2026.
The most recent analyst rating on (SE:MIDS) stock is a Hold with a SEK2.50 price target. To see the full list of analyst forecasts on Midsummer AB stock, see the SE:MIDS Stock Forecast page.
More about Midsummer AB
Midsummer is a Swedish solar energy company specializing in the development, manufacturing, and sale of solar cells and equipment for flexible thin-film solar cells. The company targets construction, roofing, and solar cell installation businesses, and also offers solar roofs directly to end customers. Known for its CIGS technology, Midsummer’s solar products are lightweight, flexible, and have a minimal carbon footprint. The company is publicly traded on Nasdaq First North Growth Market.
Average Trading Volume: 800,462
Technical Sentiment Signal: Buy
Current Market Cap: SEK808M
For an in-depth examination of MIDS stock, go to TipRanks’ Overview page.