Carmanah profile gets a boost at home
Carmanah Technologies (CMH-TSX-Venture) of Victoria, B.C., has for a couple of years been one of those hidden gems in Canada’s high-tech and cleantech sectors. Sure, I’ve reported on the company quite a bit — both in the Toronto Star and here on this blog — and it has also received some decent local coverage in B.C., but in the past month both of Canada’s national newspapers have written glowing profiles of the solar LED provider. The National Post’s Peter Evans had an article in late July, while the Globe and Mail’s Peter Kennedy ran a piece today (registration required).
I’ve said it before, this is a great company to watch. Mind you, its stock has gotten a bit ahead of itself, but there are some analysts out there who think there’s room to go even higher, particularly after its acquisition of solar PV maker/distributor Soltek Powersource Ltd.
Momentum is on Carmanah’s side.
Tyler Hamilton is senior energy reporter and columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the cleantech market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper. Tyler can be reached at tyler@cleanbreak.ca