The 'Problem' With Solar Companies is Not Really a Problem [View article]
Raven: Sorry to cloud your sunny day, but SolarFun does have a credit problem. $143 million in ST-debt, backed by Founder Lu (who gets a 2% generation fee worth about $2,4 miilion per annum). Total cost of ST capital is more than 8.35% --which is high.
The 'Problem' With Solar Companies is Not Really a Problem [View article]
Transparency troubles: industry.bnet.com/ener.../
And, GCL supply contract has some undisclosed wrinkles:
industry.bnet.com/ener.../
My Best & Stay in touch!
David J Phillips - Editor, 10qdetective.blogspot....
Contributing Energy Analyst
CNET/BNET