SunEdison (SUNE) is one of the world's largest solar installers and developers. The company was earlier known as MEMC Materials and recently changed its name to reflect the change in its business focus. MEMC Materials started out as a silicon wafer supplier to semiconductor companies such as Samsung (OTC:SSNLF), Intel (NASDAQ:INTC) etc. The company diversified into the solar energy market in 2009 by acquiring a big US solar installer. The company has now become one of the biggest players in the market with a 2.75 GW pipeline of solar projects. The company also remains one of the world's biggest semi wafers suppliers with annual sales of greater than $1 billion. The company is undervalued in my...
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