Business Results
Although Isofoton nearly went bankrupt twice in its early history, its IP management strategy has fostered continued innovation and commercial success. In 2010, the company completed a 3 megawatt PV power plant in Miltenberg, Germany, which is expected to generate 3.1GWh of electricity per year. As of 2010, Isofoton is one of the top ten producers of PV solar cells in the world. It is the largest company of its kind in Spain and has enjoyed revenue increases each year since 1997. In 2007, it produced 180 megawatts of PV solar cells and recorded nearly 300 million Euros in total sales.