aquaculture

Chinese Lawmakers' New Renewable Energy Policy Will Benefit Solar Companies

On the other hand JASO will benefit from this. Perhaps being a middleman aint so bad.
And only $15 mln in capital expenditures in 2009.

Chinese Lawmakers' New Renewable Energy Policy Will Benefit Solar Companies

wow very aggressive.
at 6 grams/watt this company alone will produce 2.3 GW in 2010 and 4.5 GW in 2011. More competition for LDK.

So be carefull when you think increased demand in mainland China benefits ADR stocks!

The demand in the U.S. needs to increase.
Hopefully it will, because of lower ASP's

Chinese Lawmakers' New Renewable Energy Policy Will Benefit Solar Companies

from press release GCL holdings (LDK competitor) Hongkong, march 17:

-expects silicon pv demand mainland to increase to 3gw annual (from 200 MW now) by 2015.
-will increase poly production from 3000 to 13500 tonnes 2009 to 27000 tonnes in 2010.
-will not IPO on Wall street
-expects poly spot prices to drop from $110 today to $80 by end 2009.
-will build solar power plants starting in 2009.

A-Power: Silly Me, I Still Like Wind Power

Some numbers from min. of commerce Beijing.

Projected windpower capacity China:
2007: 6 GW
2008: 10 GW
2010: 20 GW
2020: 100 GW (conservative estimate)

**by 2009 China will become world's largest producer of windturbines

**marketshare foreign (non-Chinese) manufacturers fell from 75% 2007 to 55% now. Beijing mandated all new wind projects have at least 70% Chinese components.

**total expenditures $14.5 Billion projected to 2015. Some 100 Chinese companies active.
ETF (FAN) also has some good exposure: Goldwind, Harbin, Shanghai prime machinery, China High Speed Transmission Equipment Group ltd, China Wind Systems, China Windpower Group ltd.

**All wind components to benefit from 50% VAT discount.

good luck to all
aqua

A-Power: Silly Me, I Still Like Wind Power

News this month: "Survey shows Denmark happiest country in the world"
Its now official: more windmills make you happy.
(disclosure: long VWS)