Jinko Solar is fundamentally a low quality stock.I wrote about Jinko’s IPO a few days ago pointing out the severe shortfalls that the company suffers from– Green IPO Jinko Solar Analysis – Extremely Low Quality Offering Seems to be Done in Desperation The 23.6% GM is a one off I think and it will be […]

China has massively increased its wind installations to become the world’s second biggest market in 2009 . It has also managed to cultivate its local home grown industry to join the ranks of top 10 world turbine makers. Foreign dominance of China’s wind market has completely disappeared as the share had declined to 5%. Now […]

Jinko Solar  managed to list today at the bottom end of the range at $11.Earlier they had to cancel their  plan to list in February due to weak market conditions.Well it seems they had to  IPO otherwise the founders and owners would have been left nothing from this excerpt taken from their F1 filing with […]

Green IPO’s which were being planned with the recovery in the world economy and renewed interest by investors have shuddered to a halt.The European debt problems has put a question mark whether the governments which are the prime drivers of green companies can continue their support. This combined with the market gyrations which are being […]

The Global Wind Industry increased by 31% in 2009 despite a bad year for the world economy boosted by the movement towards cleaner energy and the relatively good economics of wind compared to other renewables like solar energy. Despite this Vestas which is the world’s largest turbine maker reported a loss making quarter . I […]

Orient Green Power Ltd (OGPL), is planning to raise  Rs 900 crore to fund its expansion plans of raising capacity to 1000 MW by 2013 from the less than 200 MW now.Shriram EPC, Bessemer andOlympus Capital are the promoters of this company started in 2007 . From its website OGPL is a leading renewable energy […]