$15.75
0.26 (+1.68%)
Suntech Power Holdings Co., Ltd. (ADR) (STP)
CAPS Rating:
A solar energy company that designs, develops, manufactures and market a variety of PV cells and modules. Also provides PV system integration services in China.
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This industry is being strained right now by a variety of factors, all of which are temporary. The well financed companies with good reputations and the ability to adapt to technological advances in solar will survive the squeeze. Grid parity will be reached and Suntech Power Holdings will be in business on that day. The sun is going to be around longer than this planet's supply of oil and natural gas.