Note HK listed Chinese solar firms like GCL and Comtec solar have performed much better than their NY listed Chinese peers.The HK market has also outperformed the US markets which are presently suffering from Double Dip Scares.If Trony manages to list successfully in Hong Kong it will give an impetus for other Chinese Green Companies like Daqo and others to list in HK as well.With continued apathy towards Chinese solar stocks,it is not inconceivable that you might see NY listed firms apply for a dual listing in HK as well.
Italy largest power utility Enel and giant Chinese utilities Huaneng and Datang Group are looking to spinoff their Renewable Energy Arms through IPOs.Note Enel has been looking to raise money to reduce it massive 51 billion euro debt burden and has been trying to offload its Green Energy Subsidiary for quite a while now.Enel is […]
European Power Utilities are increasingly looking towards private capital in order to fund their renewable energy projects.The European Union has a target of generating 20% of its energy from renewable energy sources by 2020.With most of the European countries facing budgetary and fiscal problems,Electricity utilities in Europe need to look for other sources of fund […]
Initial Public Offerings (IPOs) are being deferred and canceled as market volatility increases due to the Greek Contagion.Green IPOs have been no exception with IPOs of even high profile billion dollar IPOs from wind and solar companies in Europe,USA and Hong Kong getting canceled in the last couple of months.The main reasons for these tough […]
China has put on hold new IPO’s from its fast growing Green Industry to prevent overcapacity and weed out small players.Though Goldwind (China’s second largest wind turbine producer) has received approval for the Biggest Green IPO in 2010 in HongKong later this month,others are facing hurdles.While no official communication has been released,Reuters reported that the […]
Solyndra has been the most hyped startup in the crowded Solar Energy field .It is not due to a lack of competition,another thin film player Nanosolar has been in the news with heavyweights like Google,Carlye and EDF backing it.Then there are other startups like eSolar, Brightsource Energy,Miasole which promise to drastically improve the adoption of […]