Yingli Green Energy PV module supplier on 10MW plant; announces overallotment option

Facebook
Twitter
LinkedIn
Reddit
Email

Yingli Green, a vertically integrated PV manufacturer, is set to start providing modules on a 10MW on-grid solar plan with SDIC Huajing Power Holding in Dunhuang, Gansu Province. The provincial Development and Reform Commission in Gansu and the State Development and Investment Corporation have approved the project.

“As a leading state owned electricity supplier, we have both the responsibility and opportunity to make renewable energy a reality in China, and we believe this 10MW project demonstrates our commitment to this goal,” commented Weidong Wang, General Manager of SDIC Huajing. “Our advantage lies in our ability to leverage our established network of existing traditional power projects and manpower already on the ground in Gansu. We are confident that western regions such as Dunhuang will be big markets for solar power.”

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

“We are very pleased to have established this strategic alliance with SDIC Huajing,” remarked Liansheng Miao, Chairman/CEO of Yingli Green. “…We are seeking to establish strategic relationships with leading grid companies, such as SDIC Huajing, whose wealth of experience in China’s power supply market gives them unique insights into the domestic solar market.”

Yingli Green Energy is also working on expansion in its financial sector: they recently announced the exercise of an overallotment option. The company sold an additional 2,790,000 American Depositary Shares (ADSs), each representing one ordinary share of Yingli Green Energy. This measure has brought total ADSs sold by Yingli Green Energy to 18,390,000 and the aggregate net proceeds received to approximately $227.4 million after deductions.

Read Next

September 18, 2025
CERC is finalising guidelines for virtual power purchase agreements (vPPAs) to unlock financing for over 40GW of uncontracted renewable capacity.
September 18, 2025
The capacity of virtual power plants in operation in North America has reached 37.5GW, a 13.7% year-on-year growth, according to Wood Mackenzie.
September 18, 2025
The Canadian Renewable Energy Association (CanREA) has forecast that Canada will add between 17GW and 26GW of solar PV over the next decade.
September 18, 2025
Researchers have called for enhanced international standards to detect ultraviolet-induced degradation (UVID) in PV modules after identifying “severe” levels of the problem in operational n-type panels.             
September 18, 2025
Indian PV makers have welcomed the government’s plan to add solar wafers to its ALMM List-III from June 2028.
September 17, 2025
US renewables developer Longroad Energy has reached financial close for its 400MW 1000 Mile solar project in the US state of Texas.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA