News Article
QSolar Begins To Ship From China
Shipments begin from manufacturing facilities in Shanghai
QSolar announced that shipments from its own manufacturing facilities in Shanghai, China have begun. The first shipment of 100KW ($160,000) was shipped during the week of July 4th 2011 to Solexia Ltd., a solar installation company located in Modena, Italy, as a partial shipment of their 317KW ($500,000) order.
Andreas Tapakoudes, President & CEO of QSolar, commented, "This represents a significant milestone for the company in that we are now a fully independent manufacturing company with our own manufacturing facilities, using our own proprietary manufacturing processes, designs and quality controls. QSolar's manufacturing facility will enable the company to significantly increase profitability and better protect our intellectual property."
QSolar continues to increase its' production capacity in preparation of the execution of the current Letters of Intent at hand.
