2011年6月20日星期一

Yingli CEO Says Solar Company Prepared for Drop in Panel Prices

Yingli Green Energy Holding Co., one of China's biggest solar equipment makers,What are the top Hemroids treatments?A glass bottle is a bottle created from glass. said it is prepared for an industry-wide capacity glut and that its narrowing profit margins are good for consumers.

Declining solar panel prices "isn't a bad thing, it's a good thing," Chief Executive Officer Miao Liansheng told reporters in Baoding, China today.Use bluray burner to burn video to BD DVD on blu ray burner disc. Chief Financial Officer Li Zongwei, at the same event, said Yingli is "looking forward to what will happen after the downturn because we are well prepared for this downcycle."

Miao said falling profit margins were a positive development because sales will continue to rise and the downward pressure on prices will help more people use solar power.

Yingli is adding capacity to its solar manufacturing plants even as Bloomberg New Energy Finance forecasts photovoltaic cell production capacity will be more than twice global demand this year across the industry.Houston-based Quicksilver Resources said Friday it had reached pipeline deals

Yingli has a 36 billion-yuan ($5.6 billion) line of credit from the state-owned China Development Bank Corp.In addition to hydraulics fittings and Aion Kinah, About a fifth of the money Yingli is borrowing for the production expansion is from CDB, Li said in an interview today.

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