Sailing, Yingli form $161m China solar fund
Shanghai Sailing Capital Management is teaming up with Yingli Green Energy Holding to form a solar energy-focused fund with an initial size of RMB1 billion ($161 million).
According to a statement, Yingli China, a wholly-owned subsidiary of Yingli Green Energy, China's largest photovoltaic (PV) module maker, will contribute about 51% of the total capital through installments....
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