Largest US Installer of Solar Energy Goes Public
Posted by Tate | # |
02:00:07 am on May 9, 2008

Real Goods Solar (RSOL), a subsidiary of Gaiam (GAIA), an environmentally friendly lifestyle products retailer went public today but the stock didn’t shine.  It closed well below the pricing of $10/share as it’s main competitor Akeena Solar (AKNS) reported awful results this morning, saying that the company lost more than 4 million, a much larger loss than expected despite nearly doubling revenues.  Real Goods is profitable and has been around for many years, so probably the better play in this space.

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