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Yingli Green has begun the initial production of its latest 400MW capacity expansion, including 300MW of Panda monocrystalline silicon-based production capacity at the Baoding headquarters, and 100MW of multicrystalline silicon-based production capacity in Haikou, Hainan Province.
"We are excited about the initial production of our newly added 400MW manufacturing lines. These significant milestones were achieved within one year, demonstrating our accumulated expertise in capacity expansion," said Liansheng Miao, chairman and CEO of Yingli Green.
"We expect these latest production lines to reach full capacity by the end of this quarter, which will bring our total nameplate capacity to 1GW. 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."
"Given the higher cell efficiency of the Yingli Solar Panda Module, we expect to help our customers further reduce their balance-of-system cost. 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 kWh generation," Miao concluded.
