Archive for the ‘WEMU’ Category

Promising New Energy Markets in China

According to new data from the International Energy Agency, China consumed 2.25 billion tons of energy equivalents last year – nearly 4% more than the United States. With a population of 1.3 billion and rapid industrialization, it should come as no surprise that China plays an important role in the global energy market. While being labeled as the world’s largest energy consumer may not bring China the kind of attention it is looking for, instead of passively accepting the title, the country is using this opportunity to uncover emerging energy markets.

WEMU Gives Preview of Strong Second Quarter Performance

Sales to new European customers have helped WEMU amass an order backlog currently exceeding $100 million, the great majority of which are solar module orders to be fulfilled this year.

Solar Module Maker Worldwide Energy Reports a Record First Quarter

Worldwide Energy and Manufacturing, USA, Inc. (OTC BB: WEMU) experienced another record-breaking first quarter. The U.S.-based solar module technology and China manufacturing company reported record revenue and earnings, marking Worldwide’s fourth consecutive quarter of revenue growth and record sales. The Company also announced notable increases in net income, earnings per share, and gross profit for the three months ended March 31, 2010. Worldwide’s solar division saw particularly strong gains in sales and gross profit.