SolidWorld Group Expands Solar Market Reach with North American Order

Story Highlights
  • SolidWorld Group sends high-tech photovoltaic production line to North America.
  • Entry into North America boosts SolidWorld’s solar market presence and internationalization.
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SolidWorld Group Expands Solar Market Reach with North American Order

Solid World Group S.p.A. ( (IT:S3D) ) just unveiled an announcement.

SolidWorld Group, through its subsidiary SolidFactory, has sent a high-tech production line for photovoltaic panels to a North American client valued at 1.4 million euros. This move strengthens SolidWorld’s presence in the solar market, aligning with the global energy transition towards renewables. The production line utilizes advanced IBC technology, enhancing panel efficiency by 20% above the market average. By entering the North American market, SolidWorld underscores its commitment to internationalization and the adoption of cutting-edge technologies in the solar industry.

More about Solid World Group S.p.A.

SolidWorld Group S.p.A. is a leader in industrial, biomedical, and solar technologies, specializing in 3D design and printing. Founded in the early 2000s and listed on the Euronext Growth Milan market, the company integrates advanced 3D digital technologies into manufacturing to enhance efficiency and sustainability. Operating across 16 locations and 3 technology hubs, SolidWorld employs over 220 people and serves more than 10,000 clients, focusing on transforming manufacturing processes towards Factory 5.0.

YTD Price Performance: -7.82%

Average Trading Volume: 52,305

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €30.71M

See more insights into S3D stock on TipRanks’ Stock Analysis page.

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