Word: asbeck
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Dates: during 2000-2009
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...beneficiaries. Founded in 1999, the company began as a distributor of solar modules, then added module production. Today it also produces cells, markets "plug and play" solar systems and develops and installs solar parks. "I didn't want to be squeezed between producers and the market," says CEO Frank Asbeck. "As a dealer, you are dependent on your suppliers, and when the market gets good, they kick...
...July the company acquired Shell Solar's crystalline-silicon solar business, which makes solar-grade silicon, wafers, cells and modules in California, Washington and Germany. This year revenues should increase 43%, to $630 million, making it the second largest integrated solar company in the world, after Sharp. For Asbeck, there's no question about which direction a solar company should go in: "You have to be fully integrated, or you don't have control...
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