November 27, 2006

Spain: the next great solar market?
by Tyler on Wed 15 Nov 2006 11:33 AM EST
Automation released its quarterly financials this week and talked about how Photowatt International, the solar unit it plans to spin off in an IPO later this year, is focusing its attention more on Spain these days and less on Germany, which in past years has been the world's solar superpower. "Spain has become its largest market, representing 38 per cent of revenue, with Germany representing 31 per cent of revenue for the six months ended September 30, 2006," ATS said. "This compares to 14 per cent and 58 per cent for Spain and Germany respectively for the six months ended September 30, 2005."