AU Optronics Corp. engages in the design, development, manufacture, assemble, and marketing of thin film transistor liquid crystal display [TFT-LCD] panels and other flat panel displays. The solar cell manufacturing is similar in nature and would only require an investment of $7.7 million to produce thin-film solar cells on a glass substrate base line.
Boeing (NYSE:BA) also has a Solar arm called Spectrolab Inc. which recently announced that it has surpassed 40% efficiency in converting sun’s energy into electricity. The 40% efficiency rate is the highest ever achieved so far.
We also have a number of Chinese companies led by Suntech Power (NYSE:STP) and Germany’s Q-Cells.
Right now the Solar business only makes a very small percentage of the revenue of the above-mentioned companies, except Suntech Power and Sunpower Corp. However, all these companies, from big to small realize the potential of Solar energy and are looking forward to the future.
For more on solar stocks' recent performance, see my recent post.
Disclosure: author is long shares of Suntech Power (STP).