Yingli forms JV with Chinese state-owned coal mining company

Facebook
Twitter
LinkedIn
Reddit
Email

Yingli Green Energy has signed a joint venture agreement to develop and construct solar power plants with China’s third largest state-owned coal mining company, Datong Coal Mine Group.

Yingli Green subsidiary Yingli China and Datong Coal Mine Group subsidiary Shuozhou Coal Power signed the agreement, which paves the way for the companies to develop and construct plants in Shuozhou City, in the province of Shanxi, northern China.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Yingli Green Energy chairman and chief executive officer Linsheng Miao said that signing the JV agreement gave Yingli a “strategic avenue” to expand its domestic downstream business.

“By leveraging advantages of both companies, we will be able to accelerate the project development and bring significant benefits to all parties involved,” Miao said.

Shuozhou Coal Power chairman Chengshen Li was also appointed chairman of the JV. He said that it would help meet China’s national targets for renewable energy generation as well as echoing “the national target for the building of a beautiful China”. Li also said that the signing of the JV to develop PV plants was in line with parent company Datong’s sustainable development strategy.

The two subsidiary companies have previously worked together on a 20MW photovoltaic (PV) project in Shanxi. Yingli acted as engineering, procurement and construction (EPC) partner and also supplied modules for the project.

Yingli Green Energy recently signed an agreement to sell 300MW of PV plants in China, to be completed between 2013 and 2015, to project developer China Merchants New Energy (CMNE). Under the terms of the agreement, Yingli Green and CMNE will also jointly invest in PV projects outside China.

Last month, Yingli Green also won the contract to develop 233MW of solar plants in Algeria, after creating a partnership with two hydroelectric and windpower firms.

Read Next

Premium
October 10, 2025
Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.
October 10, 2025
The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.
October 10, 2025
US solar recycling firm OnePlanet has achieved the R2v3 certification from electronics sustainability non-profit SERI, which represents the “highest standards of traceability”.
October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK