Solar EnterTech Corp. (SOEN) continues to gain industry notice as an emerging leader in solar energy.
The Company has just announced the completion of an additional private placement, with institutional investors, in the amount of $9.0 million on March 19, 2007. The financing was prompted by increased demand for the Company’s solar cell products.
The construction of the Company’s second 25Mw production line is currently ahead of its originally scheduled mid-April launch date. At this time, the Company is running two shifts, one for solar cell production on the first line and the other for preparation of construction of the second production line.
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