The annualized sales turnover for the solar energy systems industry will total NIS 300 million in the winter of 2004-05.
Sales of solar energy systems are expected to rise 30% this winter, Chromagen VP Amos Pasternak told "Globes".
Pasternak said that after a two-year slump, he expected to sell 60,000 solar energy systems this winter, compared with 45,000 last winter.
He added that the annualized sales turnover for the solar energy systems industry would total NIS 300 million in the winter of 2004-05.
Pasternak said Chromagen was getting ready for higher sales. The company invested over NIS 1 million in equipment and machinery in the first half of the year to meet demand and improve its products. The company expects NIS 40 million in exports in 2004.
Published by Globes [online] - www.globes.co.il - on October 19, 2004