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Posted by 1greenthumb at 02:55PM 05/23/08 and by 1 others in Solar Energy, Global Warming, Environment
Evergreen Solar Announces 1 Billion In Contracts
So, here we are watching a company that has 1.85 billion dollar in backlog yet the entire company itself is only worth 1.32 billion by market cap! Based on this factor alone it would appear that Evergreen Solar is grossly undervalue at these levels. One of the biggest problems with solar companies is the perceived shortage of polysilicon. Evergreen has this covered already though as they have signed several long term supply agreements over the past year.
- Saved By: 1greenthumb and natalia
- Tags: alternative energy , eslr , and evergreen solar
- Groups: Solar Energy, Global Warming, and Environment.
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