Worldwide Energy and Manufacturing Inks New Solar Module Contracts
Worldwide Energy and Manufacturing USA, a U.S.-based China
manufacturing company specializing in products for customers in the
industries of solar energy, aerospace, wireless telecommunications,
medical equipment and automotive, announced that its solar division,
AmeriSolar, has signed two new solar module contracts in November
valued at approximately US$13.7 million.
"We continue to see strong demand for solar module contracts as these
latest orders for November demonstrate," said Jimmy Wang, CEO of
Worldwide Energy. "We are continuing to aggressively grow our solar
module market share and see a vast market in the U.S. We strongly
believe that we will continue to generate triple-digit revenue and
earnings growth in 2009-2010."
According to the company, the German Advisory Council on Global Change
expects 80 percent of global energy to be generated from renewable
sources by 2100. According to Solarbuzz, world solar cell production
reached 3,436 megawatts (MW) in 2007, up from 2,204 MW in 2006; and, in
2007, the PV industry generated $17.2 billion in global revenues.
Jimmy Wang, CEO, added, "The clean-tech industry is more
recession-proof than others. In fact, Deutsche Bank is predicting a
growth rate of 20 percent for the global solar industry in 2009.
Worldwide, there is a need to replace fossil fuel resources with
sustainable alternatives such as solar power and our solar modules."