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 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.
September 11, 2025
Madison Energy Infrastructure has raised US$800 million to accelerate the deployment of clean energy assets across the US. 
September 11, 2025
The PEARL Consortium has developed perovskite solar cells with carbon electrodes with a conversion efficiency of 21.6%.
September 11, 2025
The EBRD has launched a new programme to improve access to green financing and support energy investments such as renewable power projects.
September 11, 2025
Constant Energy has secured THB300 million (US$9.4 million) in green financing from HSBC to expand large-scale solar and battery storage projects in Thailand. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
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