Bought into this baby last week....already 40% up...plenty more to come

Solar Integrated wins 13 mln usd contract with Tesco USA for solar roofing
AFX


LONDON (AFX) - Solar Integrated Technologies Inc said that it has won a deal worth 13 mln usd with Tesco USA to provide a 2 MW building integrated photovoltaic (BIPV) roofing system for Tesco USA's distribution centre under construction in Riverside, California.

R Randall MacEwen, Solar Integrated's president and chief executive, said: 'We believe this will be the largest roof-mounted solar installation in the world. We are thrilled to partner with Tesco USA on their exciting entry into the US market. Tesco has a strong commitment to being a leader in helping to create a low carbon economy.

'Our BIPV roofing system at this distribution centre will produce over 2.6 mln kilowatt hours per annum, provide a fifth of the depot's power supply, and save 1,200 tons of carbon dioxide emissions each year.'

The firm added that it 'looks forward to working with Tesco on future opportunities'.

newsdesk@afxnews.com

someone asked me about a week ago to comment on SYG .... have at look at same (most recent thread)

Another contract win announced this morning - SP also may now look to break out of consolidation area formed over last 3 months - March high was 142.5p.

Steve