Yingli Green Energy (YGE) To Partner On $435 Million Solar Manufacturing Plant In South Africa

According to Reuters, Yingli Green Energy (YGE) has signed a deal to build a $435 million solar manufacturing plant with a local partner within the next year.  South Africa also signed an agreement with China Development Bank to partner on green energy projects.

Shares of YGE are up about 4% in premarket, but are technically broken having busted through key support levels in recent days.

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One thought on “Yingli Green Energy (YGE) To Partner On $435 Million Solar Manufacturing Plant In South Africa”

  1. U spend HOW much to produce how many Megawatts of Solar??? This is why I like Wind Power much more than solar

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