RE: RE: My Thoughts hey there. not being rude but do you live under a rock? Maybe you arent following the whole green movement at all. Ive been at this for 8years so I am one of the more connected people out there. Hence my name is ReduceCo2.
The government of China through 5billion in non-repayable grants to solar panel manufacturer startup with the goal to be the number one panel manu. They reached that goal and killed all the german and american companies at the same time. They also drove the price of solar panels down by 3/4, which is good and bad.
Bad for the industry but good for economics of solar power. In light of this all the solar companies went from 50-100bucks per share down to 1 -2bucks per share.
I recently did a round of financing (or tried to) and no one want to issue capital for the renewable energy sector due to the blood shed the industry went through these past couple of years.
Point is that the chinese killed the industry and burnt the entire global investment community. Mention "GREEN" to anyone on bay street or wall street and see what they have to say. Sour taste in their mouth?
If there was more hype around renewables lithium miners would have it muchhhhh muchhhhhh mucchhhhh easier. Just not the case.
ReduceCo2