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Yingli (), formally Yingli Green Energy Holding Company Limited () - . Yingli Green Energy Holding Company Limited, known as "Yingli Solar," is a solar panel manufacturer. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Yingli expanded production capacity at a time module prices slumped. Yingli recovered slowly and since early 2015 has faced financial difficulties and has been going through a
debt restructuring Debt restructuring is a process that allows a private or public company or a sovereign entity facing cash flow problems and financial distress to reduce and renegotiate its delinquent debts to improve or restore liquidity so that it can continu ...
out of court. In 2015 signed a contract with LONGi to cooperate on monocrystalline products. In the first quarter of 2016 Yingli posted a profit first time since 2011. Yingli has cut workforce and decreased R&D spending. Yingli's cost per watt is 41 cents. The company was a sponsor of the
2014 FIFA World Cup The 2014 FIFA World Cup was the 20th FIFA World Cup, the quadrennial world championship for list of men's national association football teams, men's national Association football, football teams organised by FIFA. It took place in Brazil fr ...
, U.S. men's and women's national soccer teams, and
FC Bayern Munich Fußball-Club Bayern München e. V. (FCB, ), commonly known as Bayern Munich (), FC Bayern () or simply Bayern, is a German professional sports club based in Munich, Bavaria. They are most known for their men's professional association foo ...
. Yingli is a member of the ‘ Silicon Module Super League’ (SMSL), a group of big-six c-Si module suppliers in the solar PV industry today. The other five members of the group are Canadian Solar, Hanwha Q CELLS, JA Solar, Trina Solar and Jinko Solar.


History

In 2009, the company acquired Cyber Power, a development stage enterprise with plans to begin production of solar-grade polysilicon. Yingli Solar is expected to start trial polysilicon by the end of 2010. Growing at a fast rate, 2010 first quarter reports indicated that it was Yingli Solar's most profitable quarter to date. In 2010, Yingli Green Energy became the first Chinese company and the first
renewable energy Renewable energy (also called green energy) is energy made from renewable resource, renewable natural resources that are replenished on a human lifetime, human timescale. The most widely used renewable energy types are solar energy, wind pow ...
company to sponsor the
FIFA World Cup The FIFA World Cup, often called the World Cup, is an international association football competition among the senior List of men's national association football teams, men's national teams of the members of the FIFA, Fédération Internatio ...
. Yingli was also a sponsor of the 2014 FIFA World Cup in Brazil. It supplied modules to 2014 FIFA World Cup stadiums, including the Maracanã Stadium in Rio de Janeiro. Building on its partnership with FIFA, Yingli is also a sponsor of FC Bayern München and the U.S. Soccer Women's and Men's National Teams.


Products

In 2012, Yingli Green Energy reached a production capacity of 2,450 MW per year, making it the largest solar module manufacturer in the world in terms of module production capacity. It also became the world's leading solar module supplier by sales revenue and shipments in Q1 2012. Also in 2012, Ray Lian predicted that Yingli Green Energy was likely to become the world's largest supplier in terms of full-year module shipments in 2012. Yingli manufactures crystalline silicon solar PV modules, including both, monocrystalline and multicrystalline. Its two primary solar module product lines are the monocrystalline PANDA Series and the multicrystalline YGE Series. Yingli Solar's YGE Series is its primary product line. The company claims that these multicrystalline modules have efficiencies of up to 15.4%, for use in commercial, residential, and utility-scale projects. Yingli Solar's manufacturing facilities are located in Baoding, Haikou,
Tianjin Tianjin is a direct-administered municipality in North China, northern China on the shore of the Bohai Sea. It is one of the National Central City, nine national central cities, with a total population of 13,866,009 inhabitants at the time of the ...
, and Hengshui. Yingli Americas, a regional
subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...
of Yingli Green Energy, operates a regional
research and development Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage ...
lab, the PV Testing Lab (PVTL), in South San Francisco, California. The PVTL conducts product characterization and quality control testing, and provides customers with system modeling support.


See also

* Solar power in China


References


External links

* {{Solar power in the United States Companies formerly listed on the New York Stock Exchange Engineering companies of China Solar energy companies of China Photovoltaics manufacturers Renewable resource companies established in 1998 Chinese companies established in 1998 Energy companies established in 1998 Companies based in Baoding Chinese brands 1998 in Baoding