China's IPO Momentum and Drive for Alternative and Clean Energy

Successful IPO's such as Suntech Power Holdings Ltd and SunPower Corp, suggest an increased investor interest in renewable energy industry "Global Renewable Energy Insights": China's IPO Momentum and Drive for Alternative and Clean Energy

Successful IPO's such as Suntech Power Holdings Ltd and SunPower Corp, suggest an increased investor interest in renewable energy industry

POINT ROBERTS, Wash., February 28th, 2006 - (RES), an investor and industry news portal for the renewable energy sector, reviews the Chinese IPO market and the growth of the region's alternative energy demands in "Global Renewable Energy Insights," a weekly column by InvestorIdea's Catherine Lacoursière, who has covered the energy and environment markets for Investor's Business Daily, Energy Risk magazine, and writes blogs for the CleanTech Venture Network.

The success of Suntech Power Holdings Ltd and SunPower Corp's IPO's, suggests an increased investor interest in the renewable energy industry and bodes well for future Chinese public offerings in this sector. According to Julie Blunden, Vice President of External Affairs for SunPower Corp. (NASDAQ: SPWR),"The drivers in China are a combination of how fast the demand is growing and their limited conventional energy resources. The demand is going up, and limited domestic supply cannot keep up with the demand, which is clearly the key driver of the move to renewable energy in China and around the world."

As Michael Liebreich, Co-Founder and CEO of New Energy Finance, a London based informational clean-energy index explains, "The drivers for the acceptance by China of renewable energy technology are twofold; they have an almost insatiable requirement for energy and therefore they will need not only fossil fuels but also renewable and clean energy in order to avoid a bottleneck to their economic development. The other side to it is that China sees renewable energy as a growth industry with considerable potential, one that they want to have a very strong position in."

As a growing world economy competes for the same oil and gas reserves, the benefits of investing in clean and self sustaining energy supplies has become evident to China. Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX) explains, "Investments in renewable technologies allows the Chinese to hedge energy costs and reduce dependency on fossil fuels in a competitive marketplace, while leveraging the growth potential of solar in the world marketplace. For XsunX, China's mandates to increase the use of BIPV technologies as part of an effort to make all buildings "Green" represents a tremendous opportunity for our Power Glass(R) film technology in one of the largest and fastest growing commercial construction marketplaces."

In addition, Wieland Koonstra, CEO of GiraSolar, Legend Investment Holding's (OTC.PK: LVCP) solar division describes, "The main driver for solar growth in China in my opinion is not only environmental or energy concerns; but also their well strategized market entrée now that the market is ripe." GiraSolar is a beneficiary of China's activity in renewable energy as a recipient of Chinese exports in this area.

Column Excerpt: Clean Energy: Peering Down China's IPO Pipeline

By Catherine Lacoursiere
February, 2006

The Chinese IPO boom appears to be building on strong momentum. Reuters reports that 42 percent of Chinese companies are planning stock issues and over 50 have received approval and plan to go public in 2006. This is good news for clean energy. While investors have devoured shares of Chinese solar gear maker Suntech Power Holdings, clean technology IPOs out of China have been sparse.

It is easy to see the attraction to China cleantech. Domestically, renewable energy consumption is growing in excess of 25 percent. Globally, companies like Suntech Power, which exports 90 percent of its production, are enjoying an export boom. Chinese exports are growing at close to 30 percent a year.

To Read the Column in Full: (RES), a portal within the content umbrella, is the leading website for the search phrase "renewable energy stocks" on major search engines. The site does not make recommendations, but offers a unique free information portal to research news, articles, interviews and a growing list of participating public companies in the renewable energy industry.

Featured Public Companies: (RES is compensated by XSNX, and LVCP as disclosed in disclaimer below.)

XsunX, Inc (OTCBB: XSNX) is the developer of Power Glass' - an innovative thin film solar technology that allows glass windows to produce electricity from the power of the sun. This proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates.
For More Info:

Legend Investment Corp. (OTC.PK: LVCP) is dedicated to the acquisition and development of solar energy companies. LVCP owns 51% of GiraSolar BV, which provides them with access to the GiraSolar Group of companies within the solar arena. The GiraSolar group is an umbrella organization for subsidiaries, partners and affiliated entities active in the field of solar energy product development, production and application with $12,000,000 USD generated in revenue last fiscal year. For More Info: provides a variety of renewable and clean energy content through: Global Renewable Energy Insights, by Catherine Lacoursiere, Renewable Energy Correspondent and Renewable Energy Blogs all available at: or become a 'priority' member of the investor and industry research resource portals and be at the top of our list to be the first to know what is happening in industry and sector trends.

RES also includes one of the most comprehensive free renewable energy stock lists in the investment industry: Disclaimer: Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated for by its "featured companies." XSUNX Inc. (OTCBB: XSNX) Three thousand five hundred dollars per month and two thousand equivalent in one forty-four shares. Legend Investment Corp. (OTC.PK: LVCP) Three thousand five hundred dollars per month and two thousand equivalent in one forty-four shares.

For more information contact:
Dawn Van Zant 800.665.0411
Ann-Marie Fleming 866.725.2554
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Source:, XsunX, Legend Investment Corp, SunPower Corp

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