Solar EnerTech Corp. (SOEN.OB) Reports Fourth Fiscal Quarter Results
Solar EnerTech Corp. reported large year over year increases in sales and shipments of solar modules in the fourth quarter of fiscal 2010, ending September 30, 2010. The company attributed the strong results to organic growth in demand and initial orders from new customers in all geographic areas. Solar EnerTech Corp. said that shipments of solar modules totaled 9.86 megawatts in the fourth quarter of fiscal 2010, up 87% from the 5.25 megawatts in shipments made in the same quarter in fiscal 2009. Sales also increased in the fourth quarter of fiscal 2010, reaching $18.2 million in the quarter, up…