Baoding
Yingli Group Co. Ltd. has announced its intention to enter the realm of
polysilicon manufacturing. Yingli Group expects to establish a green
field project, primarily using Siemens methodology, to manufacture
3,000 metric tons of polysilicon annually in Baoding, China.
The vertically integrated PV module manufacturer expects the venture to be funded by Yingli Group itself in conjunction with several minority equity holders. While the plan is being undertaken primarily to benefit Yingli Green Energy’s polysilicon requirements, the Yingli Group affiliate is not expected to contribute financially to the project.
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
“This project has been named one of the significant industry strategic projects supported by Hebei Province,” said Mr. Liansheng Miao, Chairman of Yingli Group.
“With the core technical force and engineers coming from Europe and the United States with extensive industry experience, I am optimistic about the success of this project.”
By Síle Mc Mahon
