Jump to content

Yingli: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Citation bot (talk | contribs)
Alter: title. Add: date. | Use this bot. Report bugs. | Suggested by Superegz | Category:Companies formerly listed on the New York Stock Exchange‎ | #UCB_Category 336/621
infobox addition
 
(8 intermediate revisions by 5 users not shown)
Line 1: Line 1:
{{short description|Chinese solar energy company}}
{{Other uses}}
{{Other uses}}
{{short description|Subregion of Asia}}
{{Infobox company|
{{Infobox company|
| name = Yingli Green Energy Holding Company Limited
| name = Yingli Green Energy Holding Company Limited
| logo = Yingli Green Energy logo.jpg
| logo = Yingli Green Energy logo.jpg
| native_name = 英利
| type = [[Limited company|Public]] ({{OTC Pink|YGEHY}})
| native_name_lang = zh
| foundation = 1998
| type = [[Limited company|Public]] ({{OTC Pink|YGEHY}})
| location = [[Baoding]], [[Hebei]] province, [[People's Republic of China]]
| foundation = 1998
| key_people = Liansheng Miao (Chairman and CEO)
| location = [[Baoding]], [[Hebei]] province, [[People's Republic of China]]
| industry = [[solar energy]]
| key_people = Liansheng Miao (Chairman and CEO)
| products = [[photovoltaic]] products
| industry = [[solar energy]]
| revenue =
| products = [[photovoltaic]] products
| revenue =
| operating_income =
| operating_income =
| net_income =
| net_income =
| num_employees = 14,533 (Dec 31st 2015)
| num_employees = 14,533 (Dec 31st 2015)
| homepage = {{Official URL}}
| homepage = [http://www.yinglisolar.com/en/ Yingli Green Energy site] {{in lang|en}}
}}
}}


'''Yingli''' ({{zh|c=英利}}), formally '''Yingli Green Energy Holding Company Limited''' ({{zh|s=英利绿色能源控股有限公司|p=Yīnglì Lǜsè Néngyuán Kònggǔ Yǒuxiàn Gōngsī}}) - . 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's photovoltaic module capacity is 30 GWs.
'''Yingli''' ({{zh|c=英利}}), formally '''Yingli Green Energy Holding Company Limited''' ({{zh|s=英利绿色能源控股有限公司|p=Yīnglì Lǜsè Néngyuán Kònggǔ Yǒuxiàn Gōngsī}}) - . 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's photovoltaic module capacity is 30 GWs.


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]] out of court. In 2015 signed a contract with [[LONGi]] to cooperate on monocrystalline products.<ref>{{cite press release|url=http://www.prnewswire.com/news-releases/yingli-partners-with-longi-on-vertically-integrated-production-of-high-efficiency-monocrystalline-products-300100566.html|title=Yingli Partners with LONGi on Vertically Integrated Production of High-Efficiency Monocrystalline Products|first=Yingli Green Energy Holding Company|last=Limited|website=www.prnewswire.com|access-date=11 April 2018}}</ref> 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]], [[United States men's national soccer team|U.S. men's]] and [[United States women's national soccer team|women's national soccer teams]], and [[FC Bayern Munich]].<ref name="yinglisolar">{{cite news| url=http://www.yinglisolar.com/us/about-us/|title=About Us|publisher=Yingli Solar| date=September 2, 2012}}</ref>
Yingli is headquartered in Baoding, China and has more than 100 regional subsidiaries and branch offices and has distributed more than 30 GW solar panels to customers worldwide. Yingli Solar was established in 1997 and was the world's largest PV module manufacturers in the world in 2012 and 2013. Yingli was founded by Liansheng Miao who was a pioneer in Chinese solar manufacturing. Miao worked to persuade other people to encourage the growth of Chinese solar industry as Miao saw that solar manufacturing is an industry in which China can be competitive.

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]] out of court. In 2015 signed a contract with [[LONGi]] to cooperate on monocrystalline products.<ref>{{cite web|url=http://www.prnewswire.com/news-releases/yingli-partners-with-longi-on-vertically-integrated-production-of-high-efficiency-monocrystalline-products-300100566.html|title=Yingli Partners with LONGi on Vertically Integrated Production of High-Efficiency Monocrystalline Products|first=Yingli Green Energy Holding Company|last=Limited|website=www.prnewswire.com|access-date=11 April 2018}}</ref> 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]], [[United States men's national soccer team|U.S. men's]] and [[United States women's national soccer team|women's national soccer teams]], and [[FC Bayern Munich]].<ref name="yinglisolar">{{cite news| url=http://www.yinglisolar.com/us/about-us/|title=About Us|publisher=Yingli Solar| date=September 2, 2012}}</ref>


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]].<ref>{{cite web|url=http://www.pv-tech.org/editors-blog/silicon-module-super-league-big-six-to-reach-50-global-market-share-in-2016|title='Silicon Module Super League' big-six to reach 50% global market share in 2016|website=pv-tech.org|date=24 November 2015 |access-date=11 April 2018}}</ref>
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]].<ref>{{cite web|url=http://www.pv-tech.org/editors-blog/silicon-module-super-league-big-six-to-reach-50-global-market-share-in-2016|title='Silicon Module Super League' big-six to reach 50% global market share in 2016|website=pv-tech.org|date=24 November 2015 |access-date=11 April 2018}}</ref>
Line 31: Line 31:
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 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]] company to sponsor the [[FIFA World Cup]].<ref name="fifa">{{cite web|title=Yingli Green Energy announces global sponsorship of 2010 FIFA World Cup|publisher=[[FIFA]]|date=February 3, 2010|url=https://www.fifa.com/worldcup/organisation/media/newsid=1165475.html|archive-url=https://web.archive.org/web/20100204202121/http://www.fifa.com/worldcup/organisation/media/newsid=1165475.html|url-status=dead|archive-date=February 4, 2010|access-date=February 4, 2010}}</ref> Yingli was also a sponsor of the 2014 FIFA World Cup in Brazil. It supplied modules to 2014 FIFA World Cup stadiums, including the [[Maracana Stadium]] in Rio de Janeiro.<ref>{{cite web|date=May 11, 2012|url=https://www.fifa.com/worldcup/news/newsid=1629456/index.html|archive-url=https://web.archive.org/web/20120514024148/http://www.fifa.com/worldcup/news/newsid=1629456/index.html|url-status=dead|archive-date=May 14, 2012|title=Yingli brings solar power to the Maracana|publisher=[[FIFA]]|access-date=September 2, 2012}}</ref>
In 2010, Yingli Green Energy became the first Chinese company and the first [[renewable energy]] company to sponsor the [[FIFA World Cup]].<ref name="fifa">{{cite web|title=Yingli Green Energy announces global sponsorship of 2010 FIFA World Cup|publisher=[[FIFA]]|date=February 3, 2010|url=https://www.fifa.com/worldcup/organisation/media/newsid=1165475.html|archive-url=https://web.archive.org/web/20100204202121/http://www.fifa.com/worldcup/organisation/media/newsid=1165475.html|url-status=dead|archive-date=February 4, 2010|access-date=February 4, 2010}}</ref> 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.<ref>{{cite web|date=May 11, 2012|url=https://www.fifa.com/worldcup/news/newsid=1629456/index.html|archive-url=https://web.archive.org/web/20120514024148/http://www.fifa.com/worldcup/news/newsid=1629456/index.html|url-status=dead|archive-date=May 14, 2012|title=Yingli brings solar power to the Maracana|publisher=[[FIFA]]|access-date=September 2, 2012}}</ref>


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.
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.
Line 40: Line 40:
Yingli manufactures [[crystalline silicon]] solar PV modules, including both, [[Monocrystalline silicon|monocrystalline]] and [[Polycrystalline silicon|multicrystalline]]. Its two primary solar module product lines are the monocrystalline PANDA Series and the multicrystalline YGE Series.
Yingli manufactures [[crystalline silicon]] solar PV modules, including both, [[Monocrystalline silicon|monocrystalline]] and [[Polycrystalline silicon|multicrystalline]]. Its two primary solar module product lines are the monocrystalline PANDA Series and the multicrystalline YGE Series.


Yingli Solar's PANDA product line was developed through an in-house collaboration between the [[Energy Research Centre of the Netherlands]] (ECN) and [[Amtech]] Systems, Inc. that aimed to create a new, more efficient solar cell. PANDA modules use [[Doping (semiconductor)|n-doped]] silicon instead of the industry's standard p-type silicon, allowing a more efficient conversion of [[infrared]] light into electricity, and lower initial degradation rate.{{citation needed|date=April 2013}} As the PANDA product line is claimed by the company to achieve performance ratings of up to 16.5%, it is best suited to commercial or residential applications where maximum energy output is essential due to space constraints.<ref>{{cite news|title=Yingli Green Energy, ECN, and Amtech Join Efforts to Develop N-type MWT High Efficiency PV Cell and Module|publisher=[[PR Newswire]]|date=September 7, 2010|url=http://www.prnewswire.com/news-releases/yingli-green-energy-ecn-and-amtech-join-efforts-to-develop-n-type-mwt-high-efficiency-pv-cell-and-module-129361648.html|access-date= September 2, 2012}}</ref>
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.<ref>{{cite news| url=http://www.yinglisolar.com/us/products/|title=Products|publisher=Yingli Solar| date=September 2, 2012}}</ref>
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.<ref>{{cite news| url=http://www.yinglisolar.com/us/products/|title=Products|publisher=Yingli Solar| date=September 2, 2012}}</ref>


Yingli Solar's manufacturing facilities are located in Baoding, [[Haikou]], [[Tianjin]], and [[Hengshui]]. Yingli Americas, a regional [[subsidiary]] of Yingli Green Energy, operates a regional [[research and development]] 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.<ref name="yinglisolar" />
Yingli Solar's manufacturing facilities are located in Baoding, [[Haikou]], [[Tianjin]], and [[Hengshui]]. Yingli Americas, a regional [[subsidiary]] of Yingli Green Energy, operates a regional [[research and development]] 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.<ref name="yinglisolar" />

==Social responsibility==

Yingli is the largest and first official module supplier to GRID Alternatives, an [[Oakland, California]]-based non-profit solar installer that provides low-income families with solar energy systems free of charge. By the end of 2012, Yingli will have helped over 800 families save substantially on their electricity bills through its support of GRID Alternatives. Thousands of job seekers will also receive professional training through this partnership.<ref>{{cite news|title=Yingli Solar Renews Commitment to Families in Need|publisher=[[GRID Alternatives]]|url=http://www.gridalternatives.org/yingli-solar-renews-commitment-families-need|access-date=September 2, 2012}} {{dead link|date=April 2013}}</ref>

Yingli has also sponsored the [[United States Soccer Federation]] to launch the Powering Advancement with Solar and Soccer (PASS) program. The PASS program provides schools in disadvantaged communities with solar energy systems and support for their healthy lifestyle programs. The program was launched at the KIPP DC: Will Academy charter school in Washington, DC on June 1, 2012.<ref>{{cite news|title=Yingli Green Energy and U.S. Soccer Federation Shoot & Score for Solar Energy|publisher=[[Clean Technica]]|date=June 4, 2012|url=http://cleantechnica.com/2012/06/04/yingli-green-energy-us-soccer-federation-shoot-score-for-solar-energy/|access-date= September 2, 2012 | first=Adam | last=Johnston}}</ref>

As part of its sponsorship of the 2010 FIFA World Cup in South Africa, Yingli participates in the “Football for Hope. Energy for Hope.” initiative that aims to bring football training and community centers to communities in Africa. Yingli is working with [[FIFA]] to provide these twenty football training and community centers with clean solar energy.<ref name="fifa" />


==See also==
==See also==
Line 61: Line 51:


==External links==
==External links==
*{{Official website}}
*[http://www.yinglisolar.com/ Company website]
*[https://web.archive.org/web/20080928041433/http://www.reuters.com/finance/stocks/companyProfile?symbol=YGE.N&rpc=66 Reuters]
{{Energy companies of China}}
{{Energy companies of China}}
{{Solar power in the United States}}
{{Solar power in the United States}}
Line 75: Line 64:
[[Category:Companies based in Baoding]]
[[Category:Companies based in Baoding]]
[[Category:Chinese brands]]
[[Category:Chinese brands]]
[[Category:1998 in Baoding]]

Latest revision as of 03:45, 24 September 2024

Yingli Green Energy Holding Company Limited
Native name
英利
Company typePublic (OTC Pink: YGEHY)
Industrysolar energy
Founded1998
HeadquartersBaoding, Hebei province, People's Republic of China
Key people
Liansheng Miao (Chairman and CEO)
Productsphotovoltaic products
Number of employees
14,533 (Dec 31st 2015)
Websitewww.yinglisolar.com Edit this at Wikidata

Yingli (Chinese: 英利), formally Yingli Green Energy Holding Company Limited (Chinese: 英利绿色能源控股有限公司; pinyin: Yīnglì Lǜsè Néngyuán Kònggǔ Yǒuxiàn Gōngsī) - . 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's photovoltaic module capacity is 30 GWs.

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 out of court. In 2015 signed a contract with LONGi to cooperate on monocrystalline products.[1] 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, U.S. men's and women's national soccer teams, and FC Bayern Munich.[2]

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.[3]

History

[edit]

Yingli Green Energy was established in 1998 by Liansheng Miao, who remains the company's chairman and CEO. Yingli Green Energy began module production in 2003, with a capacity of 3 MW. By 2004, Yingli reached 6 MW in ingot/wafer/cell production, and 50 MW in module production.[citation needed] The company also expanded into Germany and achieved certifications from UL, the IEC and TÜV Rheinland.[citation needed] After continued expansion and fundraising efforts, Yingli Green Energy completed its IPO on the New York Stock Exchange in June 2007. In 2009, Yingli achieved 1 GW of cumulative output of solar modules since commercial production began in 2003.[citation needed] Today, Yingli Green Energy has a balanced vertically integrated production capacity of 2,450 MW per year.[2]

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 company to sponsor the FIFA World Cup.[4] 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.[5]

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

[edit]

Over 15 GW of Yingli solar modules are deployed worldwide.[citation needed] 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.[6] It also became the world's leading solar module supplier by sales revenue and shipments in Q1 2012.[7] 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.[8]

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.[9]

Yingli Solar's manufacturing facilities are located in Baoding, Haikou, Tianjin, and Hengshui. Yingli Americas, a regional subsidiary of Yingli Green Energy, operates a regional research and development 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.[2]

See also

[edit]

References

[edit]
  1. ^ Limited, Yingli Green Energy Holding Company. "Yingli Partners with LONGi on Vertically Integrated Production of High-Efficiency Monocrystalline Products". www.prnewswire.com (Press release). Retrieved 11 April 2018. {{cite press release}}: |last= has generic name (help)
  2. ^ a b c "About Us". Yingli Solar. September 2, 2012.
  3. ^ "'Silicon Module Super League' big-six to reach 50% global market share in 2016". pv-tech.org. 24 November 2015. Retrieved 11 April 2018.
  4. ^ "Yingli Green Energy announces global sponsorship of 2010 FIFA World Cup". FIFA. February 3, 2010. Archived from the original on February 4, 2010. Retrieved February 4, 2010.
  5. ^ "Yingli brings solar power to the Maracana". FIFA. May 11, 2012. Archived from the original on May 14, 2012. Retrieved September 2, 2012.
  6. ^ "Yingli Green Energy Reports Second Quarter 2012 Results". Yahoo Finance. August 29, 2012. Archived from the original on 2012-09-01. Retrieved 2017-01-17.
  7. ^ "Yingli Solar Ships Most Modules in Q1, Leads in Processing Costs". Seeking Alpha. June 1, 2012. Retrieved September 1, 2012.
  8. ^ Lian, Ray (August 31, 2012). "Yingli Green Energy Poised to become the no.1 PV module supplier for 2012". PV Tech. Archived from the original on September 4, 2013. Retrieved September 2, 2012.
  9. ^ "Products". Yingli Solar. September 2, 2012.
[edit]