Right now First Solar is the hottest alternative energy company in the world and according to an article by Steve Gelsi of MarketWatch, First Solar is getting close to the point of providing an alternate source of electricity at the same cost as conventional electricity without the use of governmental subsidies. This is due to their proprietary thin film semiconductor technology that enables First Solar to attain the lowest manufacturing costs in the industry. In 2006 First Solar engaged in an initial public offering raising $302.7 million in net proceeds. Those who were fortunate to invest in the initial public offering have been “sunkissed” as their investment has skyrocketed from $20 to over $200: a more than tenfold increase.
No comments:
Post a Comment