Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) is “One to Watch”
With rapid economic and industrial growth, and a reputation for smog-laden air, it’s no wonder China ranks No. 1 in worldwide consumption of solar energy. Solar photovoltaic (PV) production is also on the rise, growing to 1.5 million kW from 0.35 million kW in the last two years. According to a 2007 report by the Netherlands Environmental Assessment Agency, in 2006 China surpassed the United States in greenhouse gas emissions for the first time; in the People’s Republic of China, carbon dioxide emissions rose to nearly 5.05 billion metric tons in 2004, and an aggregate 6.1 million metric tons in…
