Yingli Sees China Demand for Solar Growing 36% in 2012

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Yingli Green Energy Holding Co., China’s second-biggest solar-panel maker, expects domestic sales to increase by 36 percent this year as the country’s subsidy program accelerates.

Yingli forecast 30 percent of its 2012 revenue coming from China, up from 22 percent last year, the company said today in a statement.