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Monday, June 14, 2010 11:59:33 AM
A friend of mine is involved in the solar industry in china and apparently he put together a small deal for a 20mw (small) solar farm on the west coast for $80,000,000 (too much for 20mw). When they break dirt a 30% subsidy from our friends at the USGOV send a check to china and their china partner sends them a fat 20% check back and they have 10 years to complete with further gov funds and their friends in china supplying the solar panels at a pretty good discount.
Not saying that this is going on but there is a chance, and if so then the buy out could be related to land and the need for a domestic company to run the funds through... so I am believing that there may be something.......Not right but something.
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