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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:00 EDTYGEYingli Green Energy, China National Nuclear establish JV
Yingli Green Energy announced that its wholly-owned subsidiary, Yingli Energy has entered into an investment agreement for the establishment of a joint venture with China Rich Energy Corporation Limited, a wholly-owned subsidiary of China National Nuclear Corporation, to develop and construct distributed generation solar projects across China. As distributed generation systems, these projects will be located in close proximity to end-users of the electricity to be generated by such projects. Yingli China and China Rich Energy signed a framework agreement several months ago to outline their long-term, strategic cooperative relationship. The framework agreement contemplates establishment of the JV which will develop 500 MW distributed generation solar projects across China, 200 MW of which will be installed on sites to be provided by CNNC or its subsidiaries. Signing of the investment agreement indicates that the cooperation between Yingli Solar and China Rich Energy enters into the implementation stage.
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July 31, 2014
07:22 EDTYGEYingli Green Energy to co-develop solar projects in Poland with AMB Energia
Yingli Green Energy's wholly-owned subsidiary, Yingli Green Energy International, has entered into a strategic alliance with AMB Energia Wytwarzanie, a subsidiary of AMB Energia to co-develop 30 MW of solar projects in Poland. Both parties intend to sell the turn-key projects to investors.
July 29, 2014
08:45 EDTYGEChinese solar stocks facing multiple headwinds, says Axiom
Axiom believes that there are "outsized risks" to the margins and consensus estimates of Trina Solar (TSL), Yingli Green Energy (YGE), and JA Solar (JASO). The firm says that the companies are facing higher raw material prices, lower cell and module prices, adverse tariff decisions in the U.S., and reduced solar subsidies in multiple countries. In conjunction with this note the firm downgraded its rating on JA Solar to Hold from Buy. It kept Sell ratings on Trina Solar and Yingli Green Energy.
July 28, 2014
08:06 EDTYGEYingli Green Energy comments on tariff decision by Commerce Department
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July 27, 2014
20:10 EDTYGEU.S proposes penalties on certain Chinese solar-energy imports, Bloomberg says
The U.S Commerce Department proposed expanded penalties on some Chinese solar-energy imports, says Bloomberg. The agency said in a preliminary finding that Chinese manufacturers were unfairly selling goods in the U.S. at unfairly low prices, added Bloomberg. Reference Link
July 23, 2014
08:11 EDTYGEYingli Green Energy to supply PV modules to large project in Japan
Yingli Green Energy's (YGE) wholly-owned subsidiary, Yingli Green Energy Japan, has signed an agreement to supply 32 MWs of multicrystalline PV modules to a large-scale project located in Okayama, Japan. The company will deliver approximately 108K YGE 72 Cell Series modules for the project from January 2015 to December 2015. The project is financed by GE (GE) Energy Financial Services.
July 22, 2014
08:16 EDTYGEYingli Green Energy opens third Latin American office in Chile
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July 17, 2014
08:02 EDTYGEYingli Green Energy to supply PV modules to project in China's Hubei Province
Yingli Green Energy will supply 3 MWs of PV modules to a demonstration project for distributed generation in Wuhan, the capital of Hubei province in eastern China. Construction of the project will begin in September and is expected to be completed within 5 months.

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