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Created: 02/05/2013 02:31:05 PM - Followers: 16 - Board type: Free - Posts Today: 0
Gehrlicher Solar America: 2012 Growth Exceeded Expectations and Bullish on 2013Font size: A | A | A 2:13 PM ET 2/5/13 | BusinessWire Only less than two years after opening its office in Springfield NJ, Gehrlicher Solar looks back to a successful market entry in the US. For Fiscal 2012, Gehrlicher Solar America Corp. (GSAC) reports revenues of USD 74.1M, an EBIT of USD 2.7M and a positive operating Cash Flow (Results are preliminary and unaudited). Compared to 2011, this relates to a revenue increase of almost 400%. In 2012, GSAC installed 29 MWp in seven different states on the East Coast, from Georgia to Massachusetts, making Gehrlicher hold the record for the largest installed PV systems in Georgia and Connecticut. "This growth, by far, exceeded our expectations", explains Dr. Stefan Parhofer, CEO of Gehrlicher Solar America Corp., "and we are convinced that this is just the beginning. The US market has become a strategic pillar of our global growth strategy. Although it is certainly not an easy market for an European PV company, we have been able to overcome market challenges thanks to a highly qualified and dedicated team", Dr. Parhofer continues. In line with the development of the organization, Jerry Shinn, who joined Gehrlicher in 2011 and is currently acting as Chief Project Officer, was appointed as Chief Operating Officer. Gehrlicher Solar is active both in the commercial and the utility scale segment. Its customers include major utilities and energy companies as well as big retailers, such as IKEA of North America, for which GSAC installed over 6 MWp in seven different locations during the past year and is about to complete one more rooftop project in 2013. With many other projects in the backlog, GSAC is optimistic to further grow in the US and adjacent markets. About Gehrlicher Solar America Corp. (GSAC) GSAC is the United States subsidiary of the international photovoltaic system integrator Gehrlicher Solar AG, which was founded in 1994 to develop, plan, build, finance and operate solar power systems for ground mounting and for roofs - from private houses to multimegawatt systems. The U.S.-based business began operations in late 2010 and is headquartered in Springfield, NJ. GSAC specializes in the full-lifecycle of commercial solar projects, including design, construction management, and financing. To date, GSAC has completed over 32 MWp in projects across the U.S., as well as a wholesale business offering solar modules, inverters, and proprietary components from our GehrTec(R) product portfolio. For further information, please visit Photos/Multimedia Gallery Available: SOURCE: Gehrlicher Solar America Corp. Press Gehrlicher Solar America Corp. Liliana Arrieta, 908-219-4379 Public Relations Manager Fax: 908-219-4375
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#748 janice shell 05/17/2019 08:06:56 PM
#747 This company is building fast, another partnership with adijas 09/25/2018 09:45:56 AM
#745 Not yet, but in January it topped 4.5. adijas 09/17/2018 01:38:36 PM
#744 Would love to see it.. have you a Phenomaly 09/17/2018 01:33:00 PM
#743 No problem. Holding this for quite some time adijas 09/17/2018 01:26:09 PM
#742 Agreed on all points, just needed to hear Phenomaly 09/17/2018 01:13:05 PM
#741 That happens sometimes with unknown tickers, not much adijas 09/17/2018 01:08:29 PM
#740 It seems very odd to have two and Phenomaly 09/17/2018 01:02:52 PM
#739 Hopefully this bodes much better than it has Phenomaly 09/13/2018 09:30:28 PM
#738 Partnership with Oracle! adijas 09/13/2018 09:54:21 AM
#737 Whoops! Wrong board Phenomaly 08/31/2018 05:28:30 AM
#736 I bet my entire life savings on it. Phenomaly 08/31/2018 05:28:07 AM
#735 It has made some nice moves in the Quintessence 08/29/2018 08:10:06 PM
#734 Seems to be the case.. I bought three Phenomaly 08/29/2018 07:53:07 PM
#733 Not that I am aware of. I Quintessence 08/29/2018 06:40:16 PM
#732 Anything new in the works here? Phenomaly 08/29/2018 04:55:42 PM
#731 More Twitter posts from TEHG lately. That's Quintessence 01/11/2018 01:21:04 PM
#730 Bid/Ask spread narrowing: 2.40x2.50 now. Quintessence 01/11/2018 12:53:40 PM
#729 TEHG mentioned here, along with other blockchain & Quintessence 01/05/2018 08:33:28 PM
#728 yup, think it will go up again adijas 01/05/2018 11:53:52 AM
#727 Nice! 2.99 on the Ask. This is thin.... Quintessence 01/05/2018 11:33:39 AM
#726 News Technovative Group, Inc. Shifts Focus in Fintech and adijas 01/03/2018 09:06:54 AM
#725 darn had 36k bidding .60.... disappeared tho $hellKing 11/10/2017 11:37:45 AM
#724 52 week high 1.30 ! creeping up $hellKing 11/08/2017 11:33:19 AM
#723 Looking good .75x1.99. Prob start getting 1.00s $hellKing 11/01/2017 02:59:15 PM
#722 Looks like these guys roll big. All $hellKing 11/01/2017 11:41:30 AM
#721 Current now OTC shows new co symbol $hellKing 11/01/2017 10:40:27 AM
#720 TEHG .515x.70 bids gone up. creeping... $hellKing 10/31/2017 02:54:22 PM
#719 Most likely going OTCQB Cert bc they had $hellKing 10/30/2017 04:47:13 PM
#718 Wish I would of grabbed more at .40s. $hellKing 10/30/2017 04:32:54 PM
#717 Most vol was in dollars for a good $hellKing 10/30/2017 04:32:10 PM
#716 All we need is June 2017 and Sept $hellKing 10/30/2017 04:30:25 PM
#715 Look at those crazy prices 2 to 10 $hellKing 10/30/2017 03:54:42 PM
#714 Look at the crazy Historical. Traded $hellKing 10/30/2017 03:49:47 PM
#713 Wooohooo! Another fin for March. $hellKing 10/30/2017 03:48:42 PM
#712 I hope NITE comes back with some higher $hellKing 10/30/2017 02:20:31 PM
#711 Will see if the Chinese start buying up $hellKing 10/25/2017 04:06:36 PM
#710 CEO connected to Moxian or was when it $hellKing 10/25/2017 04:06:03 PM
#709 More fins coming out. Just 4 more $hellKing 10/23/2017 06:20:34 PM
#708 Hope we get the 4 or 5 fins $hellKing 10/20/2017 06:43:18 PM
#707 One more year of fins and back active $hellKing 10/20/2017 11:20:02 AM
#706 I think this is the co they acquired. $hellKing 10/20/2017 11:18:18 AM
#705 TEHG is severely delinquent in filing the company's Renee 09/19/2017 06:18:14 PM
#704 TEHG: effective May 11,2015 a one for 10 Renee 05/08/2015 08:58:23 AM
#703 TEHG posted message on their SpeedG group thouloss 04/18/2015 09:50:32 PM
#702 HORID changed to TEHG: Renee 03/26/2015 05:11:34 PM
#701 lmao that's funny. EmptyBones 03/02/2015 09:53:13 AM
#700 Fitting new symbol.....simply HORrID Voices of Reason 03/02/2015 09:39:35 AM
#699 Horizon Energy Corp. changed to Technovative Group Inc., Renee 02/27/2015 04:49:41 PM
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