Yingli group will start thin film solar cell projects

Yingli group recently disclosed their thin film solar cell production plan, and they plan to set up one new sub company to produce thin film solar cell. The initial investment is 350 million RMB, and the total investment will be about 1 billion RMB. The first phase project production capacity will reach 500MW, and the production capacity will reach 2000MW by 2017.