NewEnergyNews More: SOLAR COMPANY REVENUES UP 297%

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  • Tuesday, July 6, 2010

    SOLAR COMPANY REVENUES UP 297%

    Acro Energy Reports 297 Percent Increase in Year Over Year Quarterly Revenues
    July 1, 2010 (Business Wire via MarketWatch)

    "Acro Energy Technologies Corp…a leading U.S. solar integrator…completed the second quarter of 2010 with record gross revenues of $5.4 million for the three-month period ending June 30, 2010.

    "The Company's second quarter 2010 gross revenues were a 297 percent increase compared to the gross revenues of the Company for the three-month period ending June 30, 2009. During the three-month period ending June 30, 2010, Acro Energy's southern California subsidiary, Energy Efficiency Solar, Inc. (EES), achieved gross revenues of $3.0 million, which is greater than the revenues achieved by EES during the entire 2009 calendar year…"




    "Acro Energy is entering the historically busy sales season in the third quarter with a backlog of approximately $5 million in committed, financed contracts…The second quarter of 2010 is the second full quarter of operations for Acro Energy that includes results for all three solar installation companies acquired and integrated in 2009…

    "Acro Energy Technologies Corp. is focused on the consolidation and growth of renewable energy companies, primarily in the United States residential solar energy installation market…As a high end system integrator, Acro Energy offers quality products from leading solar module manufacturers such as Suntech and Sharp and residential solar financing plans from SunRun, the nation's leading provider of home solar financing…"

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