Archive for the ‘Perfectenergy International Ltd. PFGY’ Category

RedChip Featured Client: Perfectenergy International Ltd. (PFGY)

Wednesday, August 27th, 2008

Perfectenergy International (PFGY) is a company specializing in the design, development, and manufacture of solar cells, solar modules, and photovoltaic (PV) systems. Although solar power technology has been used for several decades, in recent years it has become the fastest growing sector in renewable energy. According to Solarbuzz, the global solar power market increased from 345 MW in 2001 to 1460 MW in 2005. During the same period, solar power revenues grew from $2.4 billion in 2001 to about $9.8 billion in 2005. Solarbuzz anticipates 3250 MW and $18.6 billion in revenue by 2010.

Based out of Shanghai, China, Perfectenergy is focused on filling the international need for solar-powered systems. The company maintains an effective quality control system in accordance with international standards (IEC61215, TUV Safe Class II, UL1703) to ensure that its products are acceptable to the worldwide market.

Perfectenergy utilizes a proprietary manufacturing process to produce its products at a substantially lower cost than traditional methods. The company sells to a number of system integrators throughout the US, Europe, and China, who purchase the solar modules from Perfectenergy, and software and hardware from other vendors. The elements are then integrated and installed as turnkey solar systems to end-users such as individual owners of agricultural buildings, owners of commercial warehouses, offices, industrial buildings, public agencies, municipal government authorities, and land owners.

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