PV technology start-up, Solar3D, has reported second quarter revenue of US$7.5 million due to continued growth in small-scale PV installations of its subsidiary Solar United Network (SUNworks), acquired at the beginning of the year.
The revenue growth was around 600% higher than the first quarter of 2014, supporting an operating profit of US$762,000.
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SUNworks generated all of the revenue for the first six months of the year, totalling US$9.06 million. The company reported a second quarter net loss of US$223,643 for the second quarter.
