Ying Green Energy Holdings (Y GE. (NYSE:GE) NYSE), a leading solar energy company and one of the world’s larges t integrated PV manufacturers, said its 100 MW expansion project in Hainan production base would enter operation in May this year.
 
Upon the operation of expanded capacity, total production capacity of Yingli in Hainan will amount to 200MW.
 
Early in July of 2010, Yingli’s 100MW of multi-crystallin e silicon-based manufacturing lines, which involved investment of 767 million yuan. It is the first solar PV project in Hainan.
 
Li Wei, secretary generation of Yingli Green Energy (NYSE:YGE) Hainan Base disclosed that Yingli will invest 15 billion yuan in the follow ing three to five years in solar PV industry in Hainan.
 
Apart from Yingli, Hanergy Holding Group and Hainan Tianj u Solar Co., Ltd have also settled down in Hainan to launch solar proj ects. In the coming five years, total solar cell production capacity i n Hainan is likely to top 3GW, making Hainan the biggest solar PV indu strial base in the world.
 

 
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