Harvey Norman Holdings Limited (ASX:HVN) has placed an order for 5 megawatts of solar equipment with diversified renewable energy company CBD Energy Limited (ASX:CBD).
The equipment will be supplied from CBD’s US based merger partner, Westinghouse Solar.
The size of the order exceeds the total shipments made by Westinghouse last year.
Harvey Norman says, the uptake of solar is strong with over 830 megawatts sold in the Australian market last year.
Harvey Norman generated a net profit of $130.8 million in the first half of its 2012 financial year.
HVN Price at posting:
$1.87 Sentiment: None Disclosure: Held
