100 tons blowing in the winds!
Hu of China is pledging to use green energy, and last week,we had this news:
The new offshore regulation does not overtly prohibit foreign involvement in project development. But it does require foreign companies to enter into a Chinese-controlled joint venture and it limits equity ownership to less than 50%. “In reality, most of the international developers cannot, or are not willing to, do a joint venture with [a] Chinese partner,” Qiao said.
Last week, I touted APWR. It has gotten some better action the last few days.
It's volatile. You have a short position of 25% of the stock, but GE and China are both working with the company.