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Skier, ex nuclear engineer, green energy advocate moving towards lithium ion battery future
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  • Coming China Green Energy Spending 5 Year Plan Unveiled 0 comments
    Feb 14, 2011 9:08 AM | about stocks: MY, APWR, GE, LDK, YGE, STP, AMSC

    with the China market up 2.5% today, the reason is the new China Green Energy 5 Year Plan coming and the spending on green energy is going to surprise alot of pundits who think China cannot do anything but coal power.

    When China announces the 1.7 Trillion 10 year plan with the 5 Year plan being over 600 BILLION, well, all China Green Energy companies going to benefit.  All of Solar and all of Wind will prosper in China for 2011 given the government spending and the low valuation currently of most solar and wind companies.

    Sinovel and Goldwind will dominate the regional China plays on wind and (NYSE:YGE) and (NYSE:LDK) are going to benefit in solar along with (NYSE:STP) and others.  Wind company (NYSE:MY) will prosper along with diversified green player (OTC:APWR) in all aspects of Biomass and Hydro and Geothermal!

    Invest wisely when prices are LOW and this NEW CHINA SPENDING is not in print but will be in the next two weeks!

    Author is very long (OTC:APWR)

    Stocks: MY, APWR, GE, LDK, YGE, STP, AMSC
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