The stock might offer some short term profits for high risk traders on a dead cat bounce,but it is definitely not a fundamental pick.Unless the company really makes significant progress on the revenue and orders front,it is not a buy in my book.
UN’s CDM panel which decides on the eligibility of projects under this scheme has come under criticism for being too lenient in approving projects.It has been said that these projects sometimes lead to more emissions defeating the very purpose of this scheme.The Panel has become more discerning and has rejected around 50 Wind Projects in China because they were thought to be profitable even without these credits.
Google’s paltry $39mm investment in a Wind Farm was puzzling as it really seemed to meet no goals.The investment would not lead to any significant advancement in Wind Technology nor was it big enough to lead to large production of Green Energy.Google has been touting its commitment to Green Energy and has even funded some […]
ABB, the European Giant which was formed by merger of Asea and Brown Boveri in 1989 is increasing its lead in the Smart Grid Industry.The company which generated over $30 billion in revenues in 2009 with a roughly 10% Net Profit Margin is a leader in Power Systems,Network Management,Electricity Transmission and Distribution.The company has focused […]
Chinese Green Companies are being forced to look at overseas market for Profits as their Domestic Market is being ravaged by fierce price wars.Wind,Solar and even Smart Grid Companies in China compete mainly on price as technology is not the strong point for these companies.Lots of these small companies are promoted through provincial government bodies […]
India’s Western state of Gujarat is one of the most developed regions in the country and has shown tremendous economic growth over the past decade.The state has been growing at a scorching pace under stable and supportive governments for the past several years.This state is home to Reliance Industries massive petrochemical complex and Tatas have […]