Tuesday, April 28, 2009

Let the Sun Shine Down


It's springtime here in the Midwest and that means we get to see the sun. OPSA is also incorporating the sun in our strategic planning. We already do a good amount of business related to solar energy and are planning to do more. This works well with what appears to be the Chinese government's focus on the solar energy industry.

Today it was announced that Canadian Solar (NASDAQ: CSIQ), which has all its operations in China, is receiving $2.2 billion in financing from three Chinese banks. The government seems to be supporting both domestic solar energy utilization and export of solar energy devices.

Solar energy is one of the industries to watch in the future. Not only will OPSA be watching, but we intend to participate.

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