By Adriano Marchese
Shares of GBLT Corp. greater on Tuesday morning after the corporate stated it was constructing its personal photo voltaic panel provide.
At 9:50 am ET, shares had been buying and selling 10% greater at 11 Canadian cents (8 US cents).
The Canadian stationary and cell storage machine firm has established its personal provide of photo voltaic panels below the EXTRAVOLT model.
GBLT stated the brand new enterprise will complement its current supply of photo voltaic panel engineering, design, set up and upkeep providers to residential and business shoppers in Germany.
“We’re experiencing undeniably excessive demand for our photo voltaic power options in Germany and given the macro environmental challenges affecting the worldwide provide chain, we’re happy to have our personal robust provide of photo voltaic panels,” stated Chief Government Thilo Senst.
Write to Adriano Marchese at adriano.marchese@wsj.com
