Centrosolar AG Acquires 100% of Solarstocc AG

Munich, Germany [RenewableEnergyAccess.com] Centrosolar AG, Munich, has reached an agreement with the shareholders of Solarstocc AG, a solar energy systems manufacturer, on the transfer of all remaining shares in the company. Solarstocc AG develops, manufactures and markets integrated photovoltaic systems for private households, which fits well with Centrosolar’s sales strategy. Solarstocc has posted consistently high rates of increase in revenue since its establishment in 2002. The revenue of this subsidiary is expected to more than double in the current 2006 financial year. Centrosolar AG is a subsidiary of Centrotec.
Previous articleCeramic Fuel Cells Develops More Powerful Technology
Next articleHydrogen Solar Ltd. Appoints New CEO

No posts to display