Debt-laden and technically bankrupt PV module manufacturer, Yingli Green Energy has reported a major decline in its PV panel shipments and revenue in 2018, due to the ‘China 531 New Deal’ that impacted demand for its products.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.
Struggling China-based PV manufacturer Yingli Green Energy has withdrawn an appeal over a China court ruling it had to repay one of the lenders of medium-term notes (MTNs) due 13 October 2015 and 12 May 2016, despite remaining unable to repay RMB 65.7 million (US$9.46 million).
We have tracked the annual R&D spending of 12 key publicly listed PV module manufacturers over the last 10 years. We present our new methodology with a broader scope which reveals record levels of investment in solar innovation.
As the solar industry has grown from a 50GW market to 100GW in just a few years, the desire to have differentiated production has increased, especially for companies entering the market or repositioning strategies.
Since Chinese investments into major cell and module facilities started - more than 10 years ago - success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected.
Struggling major China-based PV manufacturer Yingli Green Energy has said that it would not appeal a notification from the New York Stock Exchange (NYSE) on June 28, 2018 to de-list the company, due to non-compliance.
Struggling major China-based PV manufacturer Yingli Green Energy is being forced into arbitration at the London Court of International Arbitration (LCIA) by a major polysilicon producer over a long-term ‘take or pay’ supply contract with damages claimed to be US$897.5 million.
Major PV manufacturer Yingli Green Energy is building a 100MW ‘Top Runner’ project in Wuhai City, Inner Mongolia Autonomous Region of China using its ‘PANDA’ monocrystalline bifacial modules, the largest project to date deploying bifacial modules in the world.
PV Tech reached its own little milestone of having reported and analysed the R&D spending habits of the same 12 key PV module manufacturers for 10 years. The results have just been published in sister technical journal Photovoltaics International as part of the annual leaders and laggards of R&D spending for 2016.