Interesting development. Recurrent sold their pipeline development company to Sharp for up to $305M a short time ago (up to 305 because the pipeline will have to prove implementable at the modeled numbers). Now they have signed a contract manufacturing contract for panels in Ontario to get their installed costs down. I will predict that Sharp already has a stake in or option on Celestica.
Monday, February 7, 2011
Recurrent Energy Secures 180 Mw Solar Module Supply For Feed-In Tariff Projects In Ontario, Canada. | ECN: Electronic Component News
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