BLG 4.17% 2.5¢ bluglass limited

great opportunity for blg, page-4

  1. 673 Posts.
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    I would say the latest announcements provide BLG with an opportunity to bring their solar product to a commercial status quicker by taking advantage of federal funds and also on the back of the markets desire to produce locally. Rudd announcement included funds available for R & D. A new local producer will be looking for new technology with an edge, otherwise they wont be able to compete against the asians price advantage. BLG have that technology. Rudds announcement also talks about Australia building the biggest solar power plant. Big doesn't always mean size. Its all about output capacity. Government will be banking on improved technology to achieve this aim. BLG products will have greater efficency meaning greater output relative to size. Solar plant will take time to build. Plans will not incorporate a certain make of panel. The best panel will be installed at the stage they are ready to do that. I am hoping BLG will have a product ready at this stage.
 
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