KACO new energy targeting €200 million in sales in 2015

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Image: KACO new energy.

PV inverter specialist KACO new energy has said it is targeting group sales of around €200 million in 2015, nearly double the figures achieved in the previous year.

KACO noted that that the improved sales environment was driven by good growth in the North American and Asian Pacific markets and a stable environment in European markets. 

The US was said to be a key driver with sales expected to have tripled over 2014. 

In Asia, KACO noted the success of its regional manufacturing footprint strategy with South Korea being its base. The company noted that it had shipped15 Powador XP 500-HV TL central inverters to the Japanese market in 2015, while shipping a further 25 to projects in Thailand. 
Business momentum was expected to continue in 2016. KACO guided sales of around €250 million.

Read Next

April 1, 2020
Inverter maker joins others at UNEF's online session to spell out its steps to weather the pandemic so far and its broader views on how solar firms will be transformed by the crisis
November 5, 2019
Former university spin-off shares ambitions for 300,000 unit sales next year and dedicated American and European subsidiaries as it gives PV Tech a tour of its Hangzhou production line.
October 25, 2019
Duo claim 88,000-panel installation across 60 rooftops represents the largest distributed PV project ever to see the light in Persian Gulf country.
July 16, 2019
Growatt's next generation smart residential inverter, MIN2500-6000TL-X has been approved by Australia's Clean Energy Council (CEC) for installation under the Renewable Energy Certificate scheme.
May 17, 2019
Major PV inverter manufacturer, Huawei Technologies Co was selected as one of the three winners of the Intersolar AWARD 2019 for its SUN2000 15-20KTL series smart string inverter for commercial applications.
August 3, 2017
BayWa r.e. the renewable energies business unit of diversified German company BayWa has significantly increased revenue in the first half of 2017, having developed and sold PV power plants and increased sales of PV modules and inverters by around 50%, compared to the prior year period.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021