Yingli Green starts production at 200MW expansion

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Yingli Green Energy has said that in late June 2008, it started
small-scale production of polysilicon ingots, wafers, PV cells and PV
modules from its latest 200MW expansion project. Tool installation is
ongoing and on time, the company said.

“Given our accumulated experience over the past few years in expanding capacity, we believe that we will complete this project on time in the fourth quarter of this year,” commented Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “The expansion should further increase our visibility and help us meet our shipment guidance for 2008 and beyond. In addition, these new production lines feature the latest equipment, including GT Solar’s DSS 450 furnaces which have the capacity to produce 400kg ingots, and greater automation across the whole value chain. We believe this will help us better control both our operations and overall product quality as we continue our fast development in this exciting market.”

Tool installation is expected to be completed in the fourth quarter of 2008, with full production expected in late 2008. Yingli Green’s total production capacity is on track to reach 400MW.

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