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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:07 EDTYGEYingli Green Energy signs EPC contract with Senelec for 2 MW project
Yingli Green Energy announced that its wholly owned subsidiary, Yingli Green Energy Spain, has signed an Engineering, Procurement and Construction, or EPC, contract with Senelec, the stated owned utility company of Senegal,for a 2MW ground-mounted PV plant, one of Senegal's flagship PV projects. According to the agreement, the Company will co-develop the 2MW project located in Dakar, Senegal with Senelec. The project will supply clean energy to the new international conference center Diamniadio in Dakar where the renowed "XV Francophonie Summit" will take place in November. Construction will begin in July and the plant is expected to be in operation by November.
News For YGE From The Last 14 Days
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October 31, 2014
06:43 EDTYGESolarWorld to expand plant as U.S. looks to settle trade dispute, NY Times says
Solar module maker SolarWorld Americas announced yesterday that it would spend $10M to expand its plant in Oregon, as it benefits from increased domestic demand for modules, according to The New York Times. The company launched the petition against Chinese solar companies that led the U.S. to impose tariffs against the Chinese firms, the newspaper noted, adding that officials and executives have been looking to reach a settlement of the trade dispute. The settlement would have to be reached before mid-December, The Times said. Publicly traded companies in the space include Canadian Solar (CSIQ), First Solar (FSLR), JA Solar (JASO), SunPower (SPWR), Trina Solar (TSL) and Yingli Green Energy (YGE). Reference Link
October 24, 2014
06:38 EDTYGEEU sets emissions, renewable energy targets, NY Times says
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October 21, 2014
06:11 EDTYGEYingli Green Energy surpasses 2,000 MW of solar panel deliveries in Americas
Yingli Green Energy announced that it has surpassed two gigawatts of cumulative solar panel deliveries in the Americas. The more than 6M Yingli Solar panels delivered are now generating electricity for more than 85,000 solar projects across the region. Yingli estimates that more than 80,000 homes and 5,000 business and institutions in the Americas are energized by its high-quality solar panels. Its most popular product line, the YGE 60 Cell Series, is a versatile multicyrstalline solar panel suited for most solar applications, from off-grid systems to large-scale utility projects. Since early 2013, Yingli has deployed more than 150 megawatts of its high-performing solar panels Latin America and the Caribbean, becoming a leader in the region in fewer than six quarters.

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