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Midsummer Secures SEK 143m Order for Solar Cell Production Line

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Midsummer Secures SEK 143m Order for Solar Cell Production Line

Confident Investing Starts Here:

Midsummer AB ( (SE:MIDS) ) has shared an announcement.

Midsummer has secured a significant order worth SEK 143.5 million for a turnkey production line of thin-film solar cells from a Swedish industrial and defense group. This order marks the first phase of establishing a solar cell factory outside Europe, with plans for future capacity expansion. The order underscores Midsummer’s strategy to offer scalable turnkey solar cell factories globally, supporting rapid green energy transitions and local production of environmentally friendly solar cells.

More about Midsummer AB

Midsummer is a Swedish solar energy company specializing in the development, manufacturing, and sale of solar cells, particularly focusing on flexible thin film solar cells using CIGS technology. The company also produces solar roofs and equipment for solar cell production, with its shares traded on Nasdaq First North Growth Market.

Average Trading Volume: 955,123

Current Market Cap: SEK322.9M

Find detailed analytics on MIDS stock on TipRanks’ Stock Analysis page.

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