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Monday, 08/16/2010 11:50:36 AM

Monday, August 16, 2010 11:50:36 AM

Post# of 64333
CCTC Investors Beware:


Take a look at what just happened to First Solar with a project in the Inner Mongolia region of China.... it's a very interesting read about thier Mem of Understanding.....read the article at the link from the Washington Post.....here's an excerpt,

"What happened to the Inner Mongolian solar farm project reads like a cautionary tale on the pitfalls facing U.S. firms trying to enter the Chinese market, particularly in a sector such as alternative energy, which has many indigenous competitors."

Doesn't mean that the Chinese will treat CCTC the same way, but they messed with First Solar for sure

Link to the Article: http://www.washingtonpost.com/wp-dyn/content/article/2010/08/12/AR2010081203201.html