Solar EnerTech (SOEN)

[Zunobira]

Q4 revenue = $25 million?

SOEN is no longer in development phase, first production line is fully operational with 25 megawatts capacity since March 07. So with average quartly production of 6 megawatts, June to Sept they should produce 12 megawatts. each 10 megawatts = $37 million revenue. So June thru Sept, it sould generate $44 million revenue.

However since it's in early production phase, the production may not hit targeted quantity so soon. Assuming a hit ratio of 60%, it should generate about $25 million revenue. lets see how Q4 comes.