Despatch Industries post record-breaking sales figures

Facebook
Twitter
LinkedIn
Reddit
Email

Despatch Industries has finished 2010 with total sales figures of US$200 million – the best year-end results in the company’s 108-year history. Despatch’s Solar Business Group was responsible for the lion’s share of this number after capitalising on the increasing demand for cell-processing equipment in Asia.

“We had an exceptional year with all key areas of our business growing significantly. This record performance was highlighted by the rapid growth of the China solar market,” said Despatch’s CEO, Patrick Peyton. “We have aggressively increased our internal capacity to meet customer demand and we are expanding our local and international employee base in order to capitalize on future opportunities.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Read Next

April 30, 2025
Daqo New Energy has posted gross losses of US$81.5 million, and a gross margin of -65.8% in the first quarter of 2025.
April 30, 2025
Genesis Energy has officially opened the 63MWp Lauriston site, which it claims is the country’s largest solar PV power plant.
April 30, 2025
Vena Energy has started constructing a 320MW solar PV expansion in Queensland’s Western Downs region in Australia.
April 29, 2025
Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”
April 29, 2025
The recent domestic content regulations and trade policies have prompted caution in the US from suppliers for long-term projections, according to a report from Anza.
April 29, 2025
Reassessing the role distributed solar operators have to play in minimising cybersecurity risks is key to Europe's solar cybersecurity.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK