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Solar industry gaining strength from home market


08:21, December 03, 2012

HAIKOU, Dec. 2 (Xinhua) -- Loading trucks busily shuttle in and out of the delivery area of a plant owned by Yingli Green Energy in southern China's Hainan Province. To meet a surge in domestic orders, workers are on extra shifts.

Meanwhile, in a reception room of the company's headquarters in northern Hebei Province, a dozen college graduates are taking a test in application for a job at Yingli, the country's largest producer of photovoltaic (PV) modules by market value.

This overtime and recruitment to cope with booming business is driven by the fact that, while anti-dumping probes initiated by the United States and Europe may have put a brake on overseas demand for PV products from Chinese companies, firms like Yingli are gaining strength from the burgeoning domestic market.

"The industry is undergoing hard times, but I think it's temporary. Solar power is a new type of energy source and I have confidence in it," said Li Yang, one of the graduates sitting the test.

The company's production lines are in full operation and its output is barely meeting orders, Li Guoliang, deputy governor of Hainan Province revealed at the regional cooperation-focused Pan-Pearl River Delta Forum on Wednesday.

Yingli plans to recruit 2,000 new workers. Wang Xiangdong, the company's vice president, told Xinhua that the company will invest 15 billion yuan (2.39 billion U.S. dollars) to build a plant in Hainan, an island rich in solar energy.

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