Yingli plans new expansion

Share

Yingli plans to develop 600 MW of Panda mono-crystalline, silicon based manufacturing lines at the Baoding premises and an additional 100MW of multi-crystalline, silicon-based manufaturing lines in Haikou, in the Hainan province. The completion of the two projects will see the company expand its capacity to 1.7 gigawatts. Initial production at the two additional developments is slated to start mid-2011.

"The launching of these new expansion projects marks another key milestone in the rapid growth of Yingli Green Energy," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.

"The demand for our Yingli Solar modules continues to grow rapidly in the global market and we are pleased to further expand our capacity to meet the growing market demand and the increasing interest in our Yingli Solar modules. Especially, we see robust demand momentum for the Yingli Solar Panda module as a result of its high cell conversion efficiency targeting to reach 18.5 percent or above on commercial production lines by the end of this year, which is expected to help reduce the balance-of-system costs.

"We are confident in solidifying our leading position in the increasingly challenging industry and further increasing our market shares with our expanded capacity."

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.