logo
Empowering women in finance

PinkInvestments on Youtube Youtube     PinkInvestments on Facebook Facebook     

PinkInvestments on Twitter Twitter       PinkInvestments on LinkedIn LinkedIn
Market news
Reports and other written materials
Market update
Retail Distribution Review (RDR)
Market archive
Market news (UK)
Market news (USA)
Market news (AU/NZ)
Subscribe to the Pink Investments RSS news feed,
Make Pink Investments your default homepage.

Interest in renewable energy gets a boost from China!

 [2013-01-31]

Interest in renewable energy is getting a boost as China announces it will boost its Solar Power Goal to 67% as Smog hit record levels in January.

The new target would increase solar power installations by more than five-fold from 6.5 gigawatts of capacity as of the end of last year, according to Bloomberg New Energy Finance data. This should boost demand for manufactures of solar panels such as Yingli (already in our portfolio) and Suntech Power Holdings. Suntech's stock price could be due for a rebound - it was trading above $10 back in 2011! It is trading today at $1.50!

Disclaimer: All the information above is provided as a service for individuals and institutions. It should in no way be construed as a recommendation as an investment. Investment decisions should be based on the risk tolerance and planning horizon of the investor. Market participants must understand that past performance is also not a guarantee or predictor of future results.