Yingli Green Energy, one of China’s top solar energy companies, has announced that it will provide 288 megawatts (MW) of solar panels for the country’s Gold Sun Program, which helps to boost solar energy standards in the emerging market country.
Meanwhile, China’s Ministry of Finance, its Ministry of Science and Technology, and its National Energy Administration also announced, under the Golden Sun program, that a total of 2,835 MW worth of photovoltaic projects have been approved. It’s anticipated that, with today’s announcement, Yingli will provide around 10% of the panels for the new projects.
A Yingli official notes how important programs like Golden Sun have been on the Chinese solar market.
“As a world’s leading solar company with roots in China, we have been committed to developing our domestic market and have obtained a solid market position and a leading market share,” said Chairman and Chief Executive Officer of Yingli Green Energy Liansheng Miao.
“The acceleration of the Golden Sun Program and the announcements of other incentive policies have clearly demonstrated China’s strong determination of promoting solar applications. With these policies in place, we believe that the China PV market will achieve a faster and healthier growth. We’ll continue to enhance our business activities in China and power more families and businesses with our high quality products.”
Source: PR Newswire
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