Solar, Storage

Yingli Completes 400-MW Production Expansion

Yingli Green Energy Holding Company Limited announced that its latest 400-megawatt (MW) capacity expansion has been completed and is producing panels.

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

“We expect these latest production lines to reach full capacity by the end of this quarter, which will bring our total nameplate capacity to 1 GW. Our success can be attributed to the strong demand for our high performance products, especially our recently introduced Yingli Solar Panda Module. 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,” said Liansheng Miao, chairman and CEO of Yingli Green Energy. “Given the higher cell efficiency of the Yingli Solar Panda Module, we expect to help our customers further reduce their balance-of-system cost.”