checkAd

     279  0 Kommentare XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets

    WILSONVILLE, OR--(Marketwired - Dec 18, 2014) - XZERES Corp. (OTCQB: XPWR), a global clean energy solutions company, has seen an acceleration in its small-wind turbine system sales over the last several months, with expectations for additional growth throughout 2015.

    "We've previously conveyed that XZERES has been focused on the significant potential in foreign markets," said XZERES CEO David Hofflich, "and we are pleased to see our efforts start to translate into top-line revenue growth." Based on deliveries already made and anticipated shipments this month, XZERES expects to ship $2.5 million of its wind turbine systems during November and December, with the majority of that revenue being driven by demand from Japan, as well as the UK/EU and U.S. markets.

    "The Japanese market remains a strategic focus for us because of the government's strong support for micro wind energy solutions and XZERES' positioning in the country," continued Hofflich. The Feed-in-Tariffs provided by the Japanese government to support and promote wind energy development, particularly for systems 20kW and below, are currently among the highest in the world, and have directly contributed to broad-based interest among businesses, investors, and renewable energy developers in wind projects. In September, XZERES became one of the few companies qualified to sell small wind turbines in Japan when it was awarded Class NK certification for its 10kW turbine system. XZERES established a wholly-owned subsidiary, XZERES Japan, with an office and personnel located in Tokyo, to focus on the Japanese market.

    In addition to the increased revenue from Japan, the UK/EU and U.S., XZERES is now expecting to deploy approximately $4.5 million of wind turbine systems to the country of Vietnam. XZERES completed a successful pilot program in Vietnam in 2011 and an initial commercial deployment earlier this year, and now expects to ship a substantial number of turbines in early 2015. "The 10kW and 2.4kW systems are ideally suited for island electrification in many areas like Vietnam," commented Frank Greco, president of XZERES. "Performance is extremely reliable; and we have developed excellent solutions, particularly for these harsh marine environments, from installation to long-term maintenance." 

    Seite 1 von 2


    Verfasst von Marketwired
    XZERES Sees Accelerating Sales Growth, Driven by Further Adoption in Key Markets WILSONVILLE, OR--(Marketwired - Dec 18, 2014) - XZERES Corp. (OTCQB: XPWR), a global clean energy solutions company, has seen an acceleration in its small-wind turbine system sales over the last several months, with expectations for additional …

    Schreibe Deinen Kommentar

    Disclaimer