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Stock Market & Financial Investment News

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August 19, 2014
06:02 EDTYGEYingli Green Energy installs solar power system in Munich
Yingli Green Energy announced that it has installed a solar power system on the roof of FC Bayern Munich's training facility on Sabener StraBe. The Yingli Solar power system has a capacity of 29.2 kWp and will produce more than 31,000 kWh of clean electricity each year. With the new system, the football club now is able to generate their own renewable energy which has a positive impact on the environment by reducing 21,000 kg of harmful CO2 emissions annually.
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December 17, 2014
06:36 EDTYGEU.S. announces tariffs on Chinese, Taiwanese solar companies, NY Times says
The U.S. announced that it would impose tariffs of 26.7%-78.4% on the imports of most Chinese made solar panels, and tariffs of 11.45%-27.5% on solar cells made in Taiwan, according to The New York Times. Duties of 27.6%-50% will be imposed on modules made in China, the newspaper quoted the Commerce Department as saying. American officials still hope that they can reach a settlement with the Chinese on solar trade issues, the newspaper stated. 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
05:29 EDTYGEYingli Green Energy comments on U.S. Department of Commerce decision on tariffs
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December 8, 2014
05:57 EDTYGEYingli Green Energy collaborates to deploy solar power in Thailand
Yingli Green Energy announced that its wholly-owned subsidiary, Yingli Green Energy Singapore, intends to collaborate with Kasikornbank Public, Huawei Technologies and Solventia Solar Energy, to deploy solar power in Thailand, a promising renewable energy market. According to their recently signed Memorandum of Understanding, the companies plan to jointly provide turnkey solar power solutions for both power plants and distributed generation projects throughout the country. Due to Thailand's strong year-round solar irradiation and rising demand for electricity, the Thai government has established a 3 GW target for total solar power capacity by 2021. The country plans to meet at least 20% of its energy demand with renewable resources by 2022.

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