Vivopower (VVPR) surges an astounding 40% today

VivoPower (VVPR) is an international solar and critical power services company and was founded in 2014, with a B Corp certified company.

The company which is an international solar and critical power services company, is pleased to announce that its wholly-owned subsidiary in Australia, J.A. Martin Electrical Pty Limited (“J.A. Martin”) has been awarded a contract by Carroll Cotton Company to complete the engineering, switchboards, switchroom and field installation at Carroll Cotton’s new cotton gin, located in the Upper Namoi Valley of New South Wales.

The AUD$20 million gin project, of which the J.A. Martin electrical works contract is a significant proportion, is expected to be completed by the start of the next ginning season in March 2021. The new cotton gin will have capacity to produce 100,000 tonnes of cotton annually – about 10% of Australia’s total crop.

The easternmost cotton gin in Australia, Carroll Cotton is an independent cotton gin and one of the last remaining family-owned and operated gins in the country. Carroll Cotton works closely with local growers and delivers tailored ginning services to maximize returns, utilizing world-best practices and years of market expertise. They have been fully accredited as a “myBMP” company by Cotton Australia, recognizing them for demonstrating Best Management Practices and providing responsible services to Australia’s cotton industry.

The project represents another win for the J.A. Martin team in the cotton industry. Along with previously announced delivery of a 3.4 MW solar farm at the Cubbie Station cotton gin in Queensland, this contract further solidifies J.A. Martin’s position as a leading provider of solar and electrical power projects and services to the Australian agriculture industry.

Should you buy Vivopower (VVPR)?

Shares of Vivopower (VVPR) appear to be a very good investment option, the Money Midnight Indicator is expecting its price to increase considerably in the next several months. The majority of the metrics point to this investment being highly attractive.

Jay Lorrence
Jay Lorrence

Investor of 12 years and Managing Editor of Money Midnight, a news outlet focused on highly profitable investment ideas and bold underground research.

Articles: 233

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