Solar EnerTech (SOEN)

[Zunobira]

Q4 estimate: Italian Shipment from mid-July

if everything goes smooth, Q4 should post $8 million revenue from this Italian Contract

"....Solar EnerTech calculates that Ergon Solair-WonlexTech's annual 10Mw commitment represents an approximate yearly value of $35 million in revenue at current prices and is subject to market variables based on prevailing industry price adjustments over the term of the agreement. In order to meet demands, the Company has been accelerating its manufacturing capacity since early April to accommodate the increase in orders from its customers throughout Europe, Asia, and Africa. The Company expects to begin shipping the Italian orders in mid-July. "

Full Article: http://www.solarenertech.com/News/release.asp?numb=230