Yingli Green Energy (YGE) Breaks Ground On RMB 6 Billion Industry Park

Posted by Tate Dwinnell | # |
11:29:53 am on July 28, 2009

According to Pacific Epoch, Yingli Green Energy (YGE) has broken ground on a new RMB 6 billion (a bit less than $1 billion) industry park that will house a 800MW per year crystalline solar project with a completion date set for Dec of next year.  It will more than double the company’s yearly output to 1400MW and generate potential sales of more than $2 billion per year.

YGE is currently  trading down about 8% as traders take profits following a 50% surge in the past couple weeks.

:::: >>>

Tags: yge, yingli green energy If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments