Solar

Solar: According to a news article on AsiaOne, HDB plans to go big on solar energy, calling its largest tender for a company to own and operate panels on some 125 blocks in Ang Mo Kio, Sengkang, Serangoon North and Buangkok. Singapore-listed counters exposed to the solar panels industry include: i) Boustead- Group recently entered a JV to develop utility-scale solar photo-voltaic projects in Japan. ii) Unionmet- produces Indium ingots, one of the main raw materials for solar energy material (Copper Indium Gallium Selenide). iii) Swing Media Technology- Group manufactures energy systems for PetroChina's petrol stations throughout China. iv) Renewable Energy- Earlier this year, group entered into a contract with the Cao County Economic Development Zone Management Committee to develop a 100 MW solar farm in Cao County, Shandong Province. v) Anwell Tech- Suspended counter, undergoing investigation by govt over matters relating to a govt capital injection.