Yingli Green Energy Announces Plans to Construct a Solar Power Plant In Beijing, China
Baoding, China, August 22, 2008
Soruce: Yingli Green Energy Holding Co. Ltd, press release
http://ir.yinglisolar.com/e/press_detail.php?itemid=00069
Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that it has entered into a framework agreement with the local government of a county in Beijing regarding the proposed construction of a 10 MW solar power plant. Under the framework agreement, a wholly-owned subsidiary of Yingli Green Energy and an entity controlled by the county government would establish a new company to construct the plant. Subject to further negotiations, the construction of the project would be expected to begin in the second half of 2009. (more…)