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Non-Tech : Alternative energy
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To: Jacob Snyder who wrote (7774)4/7/2010 9:26:40 AM
From: Eric  Read Replies (1) of 16955
 
Jacob

REC's big advantage is the cost for their power. They are getting it for close to 1 penny per KwHr. No one in Europe except Norway can come close to that. Even LDK in China can't compete. LDK's process is more expensive.

In the long run REC should win. JMHO

Edit:

Debt loads could be a problem but their plant is up an finally running. If they do continue to throttle up they will end up being the lowest cost producer in the world. The State of Washington is backing them up. Should be interesting to see how it plays out.
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