You are here:www.orfonline.org » Energy News Monitor                                                                Welcome
Services
 
           
RENEWABLES / CLIMATE CHANGE TRENDS
 
Vol. VIII Issue. 51
Yingli sees China demand for solar growing 36 pc in 2012

05 June 2012

May 30, 2012. Yingli Green Energy Holding Co., China's second-biggest solar-panel maker, expects domestic sales to increase by 36 percent as the country's subsidy program accelerates. Yingli forecast 30 percent of its 2012 revenue coming from China, up from 22 percent, the company said. China approved 1.7 gigawatts of solar projects May 3 under its Golden Sun subsidy program, which will spur sales. The program was introduced in 2009 and subsidized 689 megawatts of projects in 2011.

      
 
 
© 2012 Observer Research Foundation. All Rights Reserved.