Solco Corporate

Solco Ltd. supplies solar energy systems for a broad range of customers, environments and requirements. For domestic, commercial and rural solar panel installation with or without grid connection, see Solco Choice Electric's GridPower™ kits and product catalogue. For solar-powered water pumping for rural and remote community applications, see the range of Sun Mill™ solar pumping solutions.

Our vision is to be Australia's first choice for sustainable energy solutions. In a carbon and water challenged world we are part of the solution - in partnership with the sun.

Solco Ltd. is listed on the Australian Stock Exchange under the ASX code SOO. For investor resources and ASX announcements, see the investors page.

Announcements

SOLCO SECURES PARKES SHIRE SOLAR ENERGY CONTRACT

Highlights:

• Solco wins highly competitive contract for Parkes Shire Council solar system
• 250kW system to be installed across seven buildings
• Contract value of up to $850,000
• 25 year milestone for Group
• Industry shift presents upside for Solco breaking sales of products

Solco has secured a contract to install grid connected photovoltaic (PV) systems on a range of buildings operated by the Parkes Shire Council in New South Wales.

A total solar generation capacity of up to 250kW will be installed across multiple buildings. The systems will range in size depending on each building, with the largest system to be installed on the Shire Council's Administration, Library and Cultural Centre.

The final composition of the system will be decided through consultation with Parkes Shire Council. It is anticipated that the first systems will be installed before the end of 2011 and all the systems will be operational by the end of the first quarter 2012.

Solco Executive Chairman Dave Richardson said the contract had been secured in a very competitive tender process and demonstrated that Solco was a leader in providing PV systems for businesses and other organisations.

To download the full announcement please click here.

2011-11-18 17:27:02

SOLCO CONFIRMS RECORD PROFIT WITH 2011 FULL YEAR RESULTS

Highlights:

• Record revenue of $53.7 million
• Revenue growth of more than 56 per cent on the previous year
• Record pre-tax profit of $3.6 million
• 25 year milestone for Group
• Industry shift presents upside for Solco breaking sales of products

Solco Limited (ASX: SOO) ("Solco" or "the Company") today released its full year results, which confirmed earlier guidance of a pre tax profit of $3.6 million for the 12 months to 30 June 2011.

The company's 56% growth in revenue to $53.7 million was driven by the ongoing success of the company's Products division, which wholesales a range of solar products, and the continued expansion of the company's Projects and Power Divisions.

Executive Chairman David Richardson said the strong results reflected the advantages of the Solco business including the company's national footprint, wide range of solar products and its strategy of growing the business well beyond the residential market and into the development of commercial scale solar installations and projects.

To download the full announcement please click here.

2011-08-31 20:17:37

SOLCO FORECASTS RECORD REVENUE AND PROFIT FOR FY2011

Highlights:

• Forecast record revenue of million for FY2011
• Revenue growth of more than 50 per cent on FY2010
• Forecast record pre-tax profit of nearly $3.6 million
• Record breaking sales of products during May
• Investment in Projects and Power Divisions reflects market opportunities
• Solar system cost reductions continue to present upside in making solar power appealing to the market

Solco Limited (ASX: SOO) ("Solco" or "the Company") is pleased to provide profit guidance for the 2011 financial year. The Company expects to report a pre-tax profit of nearly $3.6 million for the 12 months to 30 June 2011 or approximately 6.9 per cent.

The forecast revenue of approximately $52 million represents more than 50 per cent growth from $34.5 million in 2010. This is a result of increased demand for the Company's solar products as well as securing several exclusive distribution agreements with international manufacturers.

Executive Chairman David Richardson said that the upside in the solar industry is now becoming clear, with demand from consumers who are facing rising power prices being complemented by a strong Australian dollar and lower prices for manufactured products.

To download the full story please click here.

2011-06-29 19:38:02

2010 Annual General Meeting Presentation