Here's a solution for investors who find themselves tossing and turning at night: Just count solar IPOs. We're three weeks into June and at least three companies have listed shares. I'll try to shed some light on the latest entrants in the sun dance.
Solaria Energia SA went public in home country Spain, and the company's shares popped 25% in its trading debut. From carbon trading to wind power to biogas, Europe is really looking like the go-to place for alternative energy companies to list their shares these days. This particular company sported a 29.4% profit margin last year, which outshines the likes of Trina Solar
PV Crystalox Solar chose to IPO in London, and it is the largest solar company listed on the London Stock Exchange. The firm reports five consecutive years of profitability, with a threefold growth in sales and expanded margins over that period. Pre-tax profits were up 56% last year. Rather than producing photovoltaic panels, as SunPower
Finally, there's Yingli Green Energy
More sun-powered Foolishness:
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