Yingli announces initial production of 400 MW capacity expansions

The new solar photovoltaics (PV) manufacturing lines include a 300 MW PANDA monocrystalline silicon based production capacity at the company’s Baoding headquarters, in China and a 100 MW multicrystalline silicon based production capacity in Haikou, Hainan Province.

"We are excited about the initial production of our newly added 400 MW manufacturing lines. These significant milestones were achieved within one year, demonstrating our accumulated expertise in capacity expansion," commented Mr. Liansheng Miao, chairman and CEO of Yingli Green Energy.

"We expect these latest production lines to reach full capacity by the end of this quarter, which will bring our total nameplate capacity to one gigawatt. Our success can be attributed to the strong demand for our high performance products, especially our recently introduced Yingli Solar Panda Module(TM). The expected output of these new lines this year has been fully booked by our customers. We believe our expanded product portfolio and increased capacity will further solidify our industry leadership worldwide."

He added: “We also plan to continue to invest in high efficiency cell research and development in order to deliver the best technology and products possible to all of our customers with a focus on the reduction of the total cost of KW hour generation."