Midsummer’s founder awarded ‘THINGS Wall of Fame’ prize

Sven Lindström, co-founder & CEO of Midsummer AB of Järfälla, near Stockholm, Sweden – a provider of turnkey production lines as well as flexible, lightweight copper indium gallium diselenide (CIGS) thin-film solar panels for building-integrated photovoltaics (BIPV) – has been named as the recipient of the annual Swedish high-tech prize ‘THINGS Wall of Fame’ – awarded by the board of the startup hub THINGS – for having built a large and successful technology company. Midsummer is one of Sweden’s fastest-growing companies.

Lindström has more than 20 years of experience from global business and exports and development of high-tech manufacturing equipment. He founded Midsummer in 2004 together with three other engineers with experience from Swedish machine makers M2 Engineering and Mycronic Laser Systems.

THINGS Wall of Fame award is presented annually to an exceptional individual who has “built a successful business empire based on pioneering innovative hardware technology”.

“Sven Lindström and his co-founders have taken a well-proven production technology from the CD industry and, in an innovative way, applied it in a new growing industry,” commented the award jury. “Fifteen years ago, they started an ambitious development project, both technically and financially challenging, and have managed to develop a world-unique thin-film solar production equipment. The development took several years and meanwhile the market for solar production equipment collapsed. With a great amount of stubbornness and unwavering endurance, Sven and his team have finally succeeded and sold several machine lines and last year successfully listed the company on Nasdaq First North.”

Midsummer claims that its DUO system is the world’s most widespread manufacturing tool for flexible CIGS solar cells.

Tags: CIGS Thin-film PV

Visit: www.midsummer.se