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Summary:

A couple weeks ago, following Trina Solar’s results, we said that the photovoltaics manufacturing industry needed consolidation. Lo and behold, Good Energy, a shareholder in Trina Solar, has upped its stake in Chinese PV manufacturer SolarFun (SOLF) from 6% to 35%. Could a merger between Trina […]

A couple weeks ago, following Trina Solar’s results, we said that the photovoltaics manufacturing industry needed consolidation. Lo and behold, Good Energy, a shareholder in Trina Solar, has upped its stake in Chinese PV manufacturer SolarFun (SOLF) from 6% to 35%. Could a merger between Trina and SolarFun be somewhere in the future?

Good Energy, a renewable energy investment holding company, now has a portfolio with a market cap of over 4 billion euros. Good Energy has built up an impressive portfolio spanning the entire value chain. We’re guessing that the company’s CEO, Richard Kauffman, former head of global financing at Goldman, has big plans for the company’s dozen solar investments.

The stock of SolarFun jumped 25% following the news. Investors have given it the cold shoulder till recently. It went public in December 2006 and the stock slide below $10 per share from an IPO price of $12.50. Since November 29th, when the company announced better-than-expected Q3 revenue and upped its 2007 guidance, it’s up over 130% to today at about $26.25 a share.

The stock purchase also reflects a notable transfer of power from SolarFun’s founder and CEO, Yonghua Lu, to his new investors. Good Energy, a COFRA subsidiary, purchased 50% of Lu’s shares, and now control more than twice as much of the company as he does. That could be a step towards

  1. Humankind sustainability and improving the World, Society, and its Resources!

    Yet who can the world trust to be idealistic and moral enough to help all of humanity and the environment, and at the same time, be practical enough to make extremely difficult decisions that can and will harm a great deal of people?

    In only 12 years – between 1987 and 1999 – the world’s population increased by 20 percent, from 5 to 6 billion. This growth, in only 12 years – between 1987 and 1999 – the world’s population increased by 20 percent, from 5 to 6 billion. This growth, combined with dramatic increases in per capita resource consumption, contributes to increasingly serious social and environmental problems.

    These problems will only worsen over the next 50 years as the projected world population nears 12 billion and developing nations become more industrialized. We are using finite nonrenewable resources at an ever-increasing rate, with little regard for future generations. Facing these facts, we are compelled to ask: are Earth and humankind sustainable?

    People, governments and industries worldwide must adopt policies and practices that promote sustainable development.

    Increased life expectancies, births to American citizens, and legal and illegal immigration, if continued, will dramatically increase the population of the US in the 21st century. In addition, the number of Americans aged 65 and over is projected to increase from 35 million in 2000 to 78 million in 2050 (Schneider 1999), and the present 4 million American citizens at age 65 will expand to 18 million by 2050. Unfortunately, many demographers believe that these projections are underestimates (Schneider 1999).
    The increasing world population and the advancing technology worldwide is causing the accelerated depletion of natural resources and are creating genuine concern for maintaining our and future generations way of life.

    The current depletion of fossil fuels is of major concern to world population today.

    Any interruption in such commodity will cause a major economic downturn worldwide.

    The issue is not to panic or cause panic, but to educate the public and the government the urgency of the impending crises and to take appropriate action to prevent such a catastrophe.

    We have the science, knowledge and technology to overcome these impending energy crises.

    We should accelerate our investment in research and development of renewable energy and energy efficiency, utilize energy efficient materials and systems to construct any new structures and in remodeling and rehabbing existing structures.

    The amount of resources and funds should be a least a trillion dollar, this is a potential crisis of enormous magnitude, and we must utilize those funds wisely and carefully.

    If we all pull together, the people the government and the scientific community, we can overcome these potential crises and enhance our living on earth.

    In addition all we have to do is show the corporate world the financial benefit they can derive from such investment in those technology and we will see them all running to join the task of renewable energy at an affordable cost.

    Yehuda Draiman

    PS

    What if humankind continues its present unsustainable practices for the remainder of the 21st century? What if nature’s laws stop the exponential growth of the human population and its concomitant destruction of natural capital and ecosystem services? If humankind continues unsustainable practices until it finds the answers to these last two ‘what ifs,’ this collapse will demonstrate that the human mind was an evolutionary failure. One hopes that reason guided by evidence, compassion, and ethics will make these two ‘what ifs’ merely speculative visions.

    But, what augurs well for the future is that people are taking cognizance of what matters to the very future of humankind –
    a sustainable and just world.

    Be careful in what portfolio you invest in, some of those funds may end up in the hands of terrorists who want to kill you and your family.

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  2. yehudadraiman Friday, January 18, 2008

    Wonders of the world – things we take for granted

    To touch
    To taste
    To see
    To hear
    To feel
    To laugh
    To love

    Those things we overlook as simple and ordinary are truly wondrous

    A gentle reminder for all of us that the most precious things in life cannot be bought
    They must be experience with the heart.

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  3. Soaring oil prices and housing have helped to derail the economy
    Surge in crude has had an impact – less disposable funds for other goods

    The silent killer of our economy

    Many Americans are changing their spending habits. Cost of energy and other necessities have gone through the roof, leaving very little disposable funds for other goods.

    The sub-prime mass and the lack of mortgage funds for housing are increasing our economic nosedive. The Feds can lower interest rate, if the financial institutions are not providing financing and or asking for a large down payment and a perfect credit score, the economy is not going no-where.

    When the housing market is down, there is a snowball affect on other industries, appliances, furniture, carpeting, etc.

    Economists will tell you that; when income is not keeping up with increases in the cost of housing there bound to be fallout.

    Our automobile industry has gone to overseas companies, jobs lost forever. We must wake up and take some dramatic initiative to change this economic course.

    Jobs in the United States are continuing to go overseas, our export has diminished substantially over the past 25 years and our imports have increased substantially in the same period.

    We have resources, we have technology and manpower, why are we not utilizing them and devise a mechanism to re-instate our economic independence.

    Put the politics and egos aside, let us all unite in a common cause, consider what is really good for our country without any hidden agenda or political favors. Bring honesty and integrity to our society; re-instate economic boom and fiscal responsibility.

    We have been behind the eight ball before; we can muster whatever it takes to turn around our economic downturn.

    Politicians are spending millions campaigning; those funds can be utilized for better purpose. Do not give me promises and tongue twisting, empty promises are easy “show me” that is the motto.

    Yehuda Draiman

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  4. Competition in Health Care: R1
    Both Health Insurance and Provider Markets Need to Function Competitively
    Health care is on a collision course with patient needs and economic reality. In today’s dysfunctional health care competition, players strive not to create value for patients but to capture more revenue, shift costs, and restrict services. To reform health care, we must reform the nature of competition itself. Redefining Health Care provides an overall framework for diagnosing and solving this immense problem, with detailed action steps for all participants in the health care system.
    As in other markets, the goal for health care markets should be to ensure that consumers benefit from a competitive marketplace where neither the buyers nor sellers unlawfully exercise market power. Policy should focus on ensuring that there is a competitive marketplace where neither health insurance plans nor health care professionals are able to obtain or exercise market power to distort the competitive outcome. Any other result inevitably will lead to governmental regulation of the health care market — an outcome that is not likely to produce desirable results for consumers. We have learned this lesson over time from other industries and we should be sure we continue to apply it to health care markets as well. The injection of competition into quality health care markets over the past decade should have helped hold down increases in health care costs. But not enough.
    1. Consumers/patients should get the cost of services, prior to providing any healthcare services.
    2. Consumers/patients should not be forced due to emergency medical condition pay exorbitant fees and costs. (No price gouging)
    3. Consumers/patients should have a government agency where they can complain when charges are exorbitant and way above the cost of the competition.
    4. Just because the Health Insurance Company pays the bill, it is not permitted for the healthcare service provider to bill exorbitant billing, The consumer/patient pay a percentage of the services, therefore price and costs are important, not to mention that if healthcare costs and billing to the Healthcare Insurance is exorbitant, this will increase the costs of health insurance to the employer and employee.
    5. Uninsured/consumers/patients should not have to pay higher prices for healthcare services than insured consumers/patients.
    6. How do you treat a healthcare provider who were found to abuse and charge exorbitant prices for its service, were fined by the government and now continues to charge exorbitant charges for its services? The penalty should be that the consumer/patient bill should be nullified. (plus other appropriate penalties).
    7. Any provider found to be over-billing, inflating billing, gouging prices and billing, or billing for services not rendered – should have severe civil and criminal penalties.
    8. Much more to come (can you justify $1000 for insulin shot)

    By: Yehuda Draiman, Billing auditor
    Real competition is the cure for health care
    Health care costs are climbing, quality is spotty, and patients don’t get the information they need to evaluate either. No one seems to have the solution.
    That is why we need market competition more than ever. Not the mealy-mouthed substitutes bandied about by most health policy wonks. We need something that none of us has ever seen – real competition in a free health care market.
    We need it because competition is a tool for finding solutions. “Competition must be seen as a process in which people acquire and communicate knowledge,” including innovative ideas for improving quality and reducing costs. In a free and open market, economic competition casts a wide net for the best ideas and puts them to work.
    Where real market competition can be found in health care, it drives quality upward and prices downward.

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  5. Water Conservation A Way of Life

    Remember where water comes from and where it goes.

    A 10 minute shower uses 50 to 100 gallons of water.

    A toilet flush uses about 7 gallons.

    Water taps/faucets use about 5 gallons waiting for hot water.

    Water leaks can soak up 100’s to 1000’s of gallons per day.

    To conserve water:

    When flushing a toilet, place a bottle of water or a brick to displace water.

    When using water outside, use a pistol grip nozzle on the end of your hose.

    Turn water off, while shaving, brushing your teeth or washing your face.

    Sweep your sidewalks and driveways with a broom instead of washing with water.

    Turn the dishwasher on only when it is full.

    Keep grass 1.5 to 2 inches long to develop deeper roots. This will result in reduced watering demand.

    Water the lawn in the morning, between 4 to 6 am. Deep soak it to keep water from evaporating and to encourage deep root growth.

    Remember to follow your water utilities established lawn watering schedule.

    Use the waste basket for tissues etc. not the toilet.

    Instead of a full tub baths, fill tub halfway. Take quick showers and consider turning water off while soaping.

    Conservation does not make life difficult. With a little common sense we can do our part to ensure everyone has adequate water supplies for the future. A little consideration goes a long way.

    PS.
    Before disposing used water down the drain – consider if it can be used for watering the lawn.

    See if you can collect rainwater to be used for watering the lawn.

    When draining water heater or pool etc., see if the water can be used to water the lawn..

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