Slovenian PV Panels Maker Bisol Sees Sales Doubling in 2010, 2011
Slovenian producer of photovoltaic panels Bisol said on Thursday it expects its sales to double to 55 million euro ($72.7 million) in 2010 with similar growth plans for 2011.
"Nevertheless, a lot will depend on the prices on the global PV [photovoltaic panels] market at the beginning of 2011," the company said in a statement.
Bisol has particularly increased its exports to Italy, France and the Czech Republic while on the Belgian market it achieved stable growth, the statement said but gave no figures.
"International business activities were further strengthened this year by the opening of our own representative offices in Italy and France, while last year we established a subsidiary in Belgium,” Bisol board president Uros Merc said in the statement.
The company's crystalline photovoltaic modules are designed for both commercial and residential applications, for grid-connected and stand-alone systems.
Bisol (www.bisol.si), founded in 2006, is located near the city of Celje, in central Slovenia.