Science & Technology
Tue, June 1, 2010Mon, May 31, 2010Sun, May 30, 2010Fri, May 28, 2010Thu, May 27, 2010Wed, May 26, 2010Tue, May 25, 2010Mon, May 24, 2010Sun, May 23, 2010Fri, May 21, 2010Thu, May 20, 2010JA Solar, China Sunergy and Rentech
//science-technology.news-articles.net/content/2010/05/25/ja-solar-china-sunergy-and-rentech.html
Published in Science and Technology on Tuesday, May 25th 2010 at 14:05 GMT by Market WireCHICAGO--([ BUSINESS WIRE ])--Today, Zacks Equity Research discusses the Alternative Energy Industry, including JA Solar Holdings Company Ltd. (Nasdaq: [ JASO ]), China Sunergy Company Ltd. (Nasdaq: [ CSUN ]) and Rentech Inc. (AMEX: [ RTK ]).
A synopsis of todaya™s Industry Outlook is presented below. The full article can be read at [ http://www.zacks.com/stock/news/34633/Alternative+Energy+Stock+Review+-+May+2010 ].
OPPORTUNITIES
Subsidy Programs: Governments, most notably China, have increased their financial support for solar projects. China is aiming at increasing its installed solar power capacity to 2 GW by 2011 from 140 MW capacity at fiscal-end 2008. To fulfill this objective, the Chinese government offers a 20 yuan/watt subsidy to solar PV projects whose single installed capacity exceeds 50 kWp. JA Solar Holdings Company Ltd. (Nasdaq: [ JASO ]) and China Sunergy Company Ltd. (Nasdaq: [ CSUN ]) under our coverage stand to benefit from this move.
Earlier under the American Reinvestment and Recovery Act (ARRA) passed in February 2009, the U.S. Treasury Department implemented a program to issue cash grants in lieu of investment tax credit for renewable energy projects. Recent focus on renewable sources will greatly benefit green crusader companies like Rentech Inc. (AMEX: [ RTK ]). Also, the U.S. has implemented a loan guarantee program to help developers obtain financing for solar power projects.
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