Ningxia Yinxing $0.769/W prices to new lows

March 29, at the bid opening scene of the 50 MW PV project in Zhangye, Gansu Province, China, Ningxia Yinxing Energy(SZ.000862 ) broke $0.769/W prices to new lows!

The 50 MW PV project total investment of $126 million, is expected to average annual power generation of 84 million kwh, the annual generation revenue of $13.33 million. The project is the first PV project approved in Gansu Province this year. 12 enterprises participated this bid. Yinglisolar $0.85 /W ,LDK Solar$0.82/W, Hareonsolar$0.84/W , Talesun Solar  $0.834/W,Chinasunergy $0.833/W,Suncomesolar $0.822/W,Koncasolar $0.822/W,Jinkosolar $0.82/W,Chinadmegc $0.82/W,Nbsolar $0.8/W ,Renesola $0.8/W.

Ningxia Yinxing Energy Photovoltaic Equipment Manufacturing Co.,Ltd(SZ.000862 )(Hereinafter shortened form as “Ningxia Yinxing”) was established in 2006, it is a part of a group company called Ningxia Electric Power Group, which integrated with firepower, wind power, coal, coal chemistry, wind power generation equipments manufacturing, wind power plant building, solar power generation equipments manufacturing, solar power plant building, automatic instruments manufacturing etc. Ningxia Yinxing is also a Chinese state-owned and Shenzhen stock exchange listed company that focuses on solar module producing and PV power generation solutions providing.

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