19 November 2018

Yingli fires up on solar plants venture, Bloomberg says

Solar-panel maker Yingli Green Energy Holding Co. surged in U.S. trading Thursday after announcing a joint venture with China’s third-largest coal producer, Bloomberg reported Friday. American depositary receipts of Yingli jumped 24 percent to US$6.28 in New York, the biggest gain since March 2009, the report said. Yingli set up a joint venture with Datong Coal Mine Group to develop and build solar power plants in Shanxi province, it said.

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