Renewable Energy Investors: All Eyes on Crude and China

Kelvin Schulle submits:

In the coming two weeks, we are going to see new development to impact renewable energy industry: rising crude price and China. Over the weekend, crude jumped 6% to over $91 as tensions escalate in northern Africa. Investors are betting on short term supply interruption. This could be a catalyst for renewable energy, especially solar energy, to become more attractive to alternative investors. The high price of crude is likely going to stay and climb further higher as the world economy continues to improve.

On the other hand, investors likely pay more attention to China's Eleventh National People's Congress meeting on March 2nd and CPPCC National Commitee meeting on March 3. The NPC meeting will pass the nation's 12th 5-year strategic plan, the


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