$0.58
0.03 (+5.45%)
A-Power Energy Generation Systems (NASDAQOTH:APWR.PK)
CAPS Rating:
The company provides distributed power generation systems and micro power grids for industrial companies, and manufactures wind turbines.
RSS Headlines
Fool UK
Recs
$359.29 MM market cap, $292.44 MM enterprise value. No meaningful shareholder dilution.
A May 5, 2009 Reuters article reported that China may potentially increase their 2020 solar power target from 1,800 MW to 10,000 MW or more. Perhaps more important is that fact that the 2020 wind power target is already at 100,000 MW and may be further increased.
With so many around, it is difficult to determine which solar company will survive. Seems like a good alternative might be to go with APWR which is in a joint venture with GE to produce wind turbines in China.
Excellent cash position with no debt. Decent short term potential with very good long term prospects.