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Date
2010/07/29
Title
Gloria Solar and Efacec Group signed the solar module supply contracts and procurement memorandum, Total 12MW

E-ton Solar reinvestment Gloria Solar (shares) Company ("Gloria Solar") and Efacec Group signed the solar module supply contracts and procurement memorandum, Total 12MW of solar modules will supply to Efacec Group in the second half of this year. This batch of solar modules will be used for the large solar power plant in the Atlantic island of MADEIRA, Portugal.
With an history of already 100 years, the Efacec Group had its origin in  "A Moderna", a company established in  1905.
Formed in 1948, Efacec, the largest Portuguese Group in the field of electricity, employs around 4800 people and has a volume of orders that already exceeded 1000 M euros, being present in more than 65 countries. The business sectors including – Energy Solution, Engineering Solution & Services and Transport & Logistics. In 2009, Efacec Group received a total of 1 billion Euros of orders and reached 800 million Euros of turnover.

Continuing to win large orders from European customers, Gloria Solar is continuing to expand the distribution in Europe and gain the Bankable Letter from European banks. The trust from the banks not only solid the status but also establish the long-term marketing advantage for Gloria Solar .

 
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