Deals Counterparts

Midsummer receives SEK 236 million order for thin-film solar cell manufacturing machinery

Supply Agreement Solar announced Sweden Mar 10, 2026
USD25.8M
Deal Value

Swedish solar technology company Midsummer secured a follow-up order exceeding SEK 236 million (~$25.84 million) from a Swedish industrial and defense group for machinery for a thin-film solar cell manufacturing facility. This order, the largest in Midsummer's history, includes its DUO production line for cadmium-free thin-film solar cell manufacturing, covering installation, service, and training. Most of the order value is expected to be recorded as revenue in 2026, with production at the new factory scaling gradually.

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Deal Analysis

Midsummer just landed its biggest order to date, a SEK 236 million follow-up deal to supply thin-film solar cell manufacturing machinery to a Swedish industrial and defense group. This isn't just a one-off; the repeat business suggests the buyer is deepening its commitment to domestic solar production, specifically with Midsummer's cadmium-free DUO line. The agreement covers the full package, from installation and service to training, setting up a new facility where revenue will largely be recognized in 2026 as production ramps up. For Midsummer, securing such a substantial, comprehensive order from a defense-linked entity could signal broader interest in secure, local supply chains for renewable tech.
  • SEK 236M (~$25.84M) order, Midsummer's largest ever.
  • Follow-up deal with a Swedish industrial and defense group.
  • Includes cadmium-free DUO production line, installation, service, and training.
  • Most revenue expected in 2026 as factory production scales.

Source Intelligence

KEY DETAILS

This order represents the largest single order in the company’s history. Quote: "represents the largest single order in the company’s history." The order includes Midsummer’s DUO production line for thin-film solar cell manufacturing. Quote: "It includes Midsummer’s DUO production line for thin-film solar cell manufacturing." The DUO system enables compact, high-capacity production of flexible cadmium-free thin-film solar cells and is a ready-made production system designed for mass production of cadmium-free thin-film solar cells. Quote: "The DUO system enables compact, high-capacity production of flexible cadmium-free thin-film solar cells.", "The DUO system is a ready-made production system designed for the mass production of cadmium-free thin-film solar cells." The order covers installation, service and training of local factory personnel. Quote: "The order covers installation, service and training of local factory personnel" Peripheral equipment is excluded from the order. Quote: "while peripheral equipment is excluded." Most of the order value is expected to be recorded as revenue in 2026. Quote: "Most of the order value is expected to be recorded as revenue in 2026." Production at the new factory is planned to scale gradually based on demand over the coming years. Quote: "Production at the new factory is planned to scale gradually based on demand over the coming years."

Deal Size
worth over SEK 236 million
PARTIES MENTIONED IN SOURCE
M
Midsummer seller

"Swedish solar technology company Midsummer has received a follow-up order"

a
a Swedish industrial and defense group buyer

"The order was placed by a Swedish industrial and defense group"

medium quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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