Yingli Solar begins ramp of new 5GW module facility

Facebook
Twitter
LinkedIn
Reddit
Email
The ceremony was attended by members of Yingli’s upper management and local government representatives. Image: Yingli Solar

Yingli Solar has begun the first phase of production at its new 5GW high-efficiency module assembly site in Tianjin, China.

The facility will produce PERC single-glass, double-glass and distributed all-black modules, with power outputs of up to 660W and module efficiencies upwards of 21%.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Last year, Yingli underwent a major restructuring process, after making cumulative annual losses of US$2 billion from 2014-2018. It announced a new board of directors and management team and converted previous debts to equity, with the local government investment platform contributing US$312.8 million.

At the time, PV Tech received exclusive insight into Yingli’s plans, with CFO Yiyu Wang stating that the company needed to dramatically increase its module capacity to keep up with its producer rivals who were all adding capacity at a far greater rate.

In 2020, Yingli shipped 2GW of modules globally. In the next two years, it hopes to increase that figure to 15GW through investments in manufacturing technologies.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia