REAG's joint venture partner, Datang Renewable Power, rebounded nearly 5% today on high volume. Hopefully REAG and other companies in the renewable energy industry can start to move positively in tandem too.
sg.finance.yahoo.com/q?s=1798.HK
REAG inks agreement with Qinghai province for 50MW solar thermal farm. The total investment for the project is expected to be in the region of RMB 900 million.
Trojan, it does seem that the macro environment is positive. However, REAG is not going to be cashflow positive and able to declare dividends for quite some time more.
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