Solar EnerTech Corp. (SOEN.OB) Reports Preliminary Revenues and Volumes for Fourth Quarter and Fiscal Year 2010
Located in Mountain View, California with a manufacturing facility at Jinqiao Modern Technology Park in Shanghai, Solar EnerTech is a leading manufacturer of photovoltaic solar energy cells. Today, Solar EnerTech took a step towards prominence with the announcement of their volumes and revenues for the fourth quarter and fiscal year ending September 30, 2010. For the fourth quarter, the company expects to report volume of solar modules shipped at 9.5MW and net revenue of $17.5 million, which is a significant improvement from a year ago. Solar EnerTech anticipates $69.3 million in net revenue for 2010. This shows major improvement for…