Date: 19 July 2010
Now the Auburn Hills firm is placing its bet on solar technology and expects it will pay big dividends soon.
Over the last 4-5 years, Guardian has been developing and manufacturing mirrors used in high-powered solar panels, allowing solar energy to be concentrated and maximized. Its operation has grown to 40 people (20 in R&D) and has shipped more than 1 million square meters of these mirrors. However, those numbers could spike soon.
"The agreements are being put into place right now that I think the market will break free in 2011," says Michael Magdich, general manager of global concentrated solar power and concentrated photovoltaics for Guardian Industries. "I think there will be fantastic growth."
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