There is little disagreement that globally there is a great need to find a viable alternate to fossil fuel for energy production. Conversion of solar energy into a usable substrate holds great promise in this arena. Here we will compare two companies in the process of converting solar energy into power. The two companies are as follows:
First Solar Inc, (FSLR) Price: $266.40, P/E: 196.79, Market Cap: $20.77B
Profile: First Solar is involved in the manufacturing of solar modules using a thin filim semiconductor technology. The company employs a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity.
MEMC Electronic Materials Inc (WFR) Price: $91.23, P/E: 36.53, Market Cap: $20.9B
Profile: The company is involved in the manufacture and sale of silicon wafers. Their wafers vary in diameter, surface features, composition, purity levles, crystal properties and electrical properties. These wafers ares used as a starting material for the manufacture of various types of semiconductor devices, including microprocessor, memory, logic, and power devices.
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