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Solar Integrated closes 4 new US school solar projects; reiterates FY sales tgt


Published :
Fri, 27 Jul 2007 07:52
By : Agencies
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LONDON (Thomson Financial) - Solar Integrated Technologies Inc closed 4 new San Diego Unified School District solar power projects with UPC Solar, a solar energy projects developer.

The company supplied and installed a total of 550 kW of BIPV roofing systems in the 4 schools.

Solar Integrated reiterated its annual revenue target of 60-80 mln usd and said the year to date revenue until end July is nearing 30 mln usd.

It added it sees full year consolidated gross margin of over 15 pct.

TFN.newsdesk@thomson.com

ukn/rfw

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