Your daily dose of photovoltaic technology developments and solar news

• Most Popular Articles

  • Suntech sales reach US$1.7 billion in 2009: capex, capacity and shipments to rise in 2010
  • Q-Cells CEO exits amid investor anxiety
  • Moser Baer achieves 7.3% module efficiency through its proprietary process
  • Project Focus: U.S. Navy to award $200M in contracts to build 40MW of solar PV power plants
  • Yingli Green to add 300MW of capacity; tops $1B in annual revenues, achieves record module shipments

• Popular Technical Papers

  • Photovoltaic Fab Managers’ Forum Review
  • Photovoltaic industry 2009: a journey into uncertainty
  • Overview of automation in the photovoltaic industry
  • Thin-film CIGS starts to come of age
  • CIGS, CdTe thin-film PV equipment sector emerges, standardization remains elusive

• Subscribe to our weekly newsletter

  Name
  Job title
  Company
  Email

ATERSA, a subsidiary of Elecnor, ended its financial 2008 with commercialised power of 111 MWp, representing the growth of 33.7% compared to 83 MWp in 2007.  Sales were 24.8% greater than in 2007, totalling €422 million.  The company’s newly installed plant in Almussafes, Spain has increased productivity after the second phase of the latest generation of automation by robots, providing a capacity of more than 100 MWp. Future phases for complete automation will be implemented shortly in order to reach a 300 MWp production capacity.

More than half of the commercialised power corresponds to the National and International Distribution market while the rest, alongside other Elector Group subsidiaries, corresponds to high-yield projects funded with "Project Finance" type structures for private investors.  The company has remained competitive in the photovoltaic market by increasing its exportation rate, despite the global market crisis and new solar power regulations in Spain.

ATERSA’s parent company, Elecnor ended financial 2008 with an increased net profit of 27.2%, or €93.6 million, meaning it has doubled its net results from 2005, which totalled €47.3 million.