Tag Archives: yingli
Suntech Update: Still Alive, but Badly Injured
Suntech, once the globe’s solar panel leader, recently declared insolvency. Yingli has replaced Suntech as the global solar panel leader. We are watching Suntech’s “ambiguous bankruptcy” as the company struggles to survive or transform. China’s Suntech is looking for more time to restate its full-year 2012 financials while revealing that its 2012 revenue halved to [...]
Yingli Green Energy Makes Huge Commitment to Fight Climate Change
Yingli Green Energy has become the first Chinese company and the first photovoltaic (PV) manufacturer to join Climate Savers, a program created by the World Wildlife Fund (WWF) to encourage corporations to make major contributions to addressing climate change. “We look forward to working more broadly with WWF and joining hands with other Climate Savers [...]
Solyndra Files Antitrust Suits Against Chinese Solar Companies
Solyndra is rising from the ashes of bankruptcy to fight back against the companies it believes caused its business to fold – the three biggest Chinese solar manufacturers. Solyndra filed a $1.5 billion antitrust suit against Suntech Power Holdings (NYSE: STP), Trina Solar (NYSE: TSL) and Yingli Green Energy (NYSE: YGE). The suit accuses the three companies of conspiring [...]
Solar Trade War 2.0: China vs. Europe
The solar trade war — and its long tail of unintended consequences — is making its way to Europe. Solar-panel manufacturers in Europe have just made a long-anticipated formal trade filing against their competitors in China, according to a report in the WSJ. The complaint was filed with the European Commission, the European Union’s lead [...]
Yingli To Expand Production Capacity By 700 MW $YGE
Yingli Green Energy Holding Co. Ltd. has announced 700 MW in capacityexpansion projects at its Baoding headquarters and in Hainan province. The company plans to build 600 MW of PANDA monocrystalline siliconmanufacturing lines for monocrystalline ingots and wafers, cells andmodules at its Baoding headquarters, through its wholly ownedsubsidiary, Yingli Energy (China) Co. In addition, Yingli [...]
Increased Demand to Grow Yingli’s Solar Business by 400% $YGE
Yingli Green Energy Holding Company, one of the world’s largest photovoltaic solar cell manufacturers, hasannounced it will increase its production capacity by four times as aresult of intensified demand. A Chinese manufacturer, Yingli exports 90% of its solar modulesoverseas to Europe and the United States. Last year Yingli owned 10% of the German solar cell market. [...]
Yingli Beats Estimates $YGE
Yingli Green Energy (YGE) reported a Q2 non GAAP EPS of $0.21, 6 cents better than the analyst estimate of $0.19 on revenue of $398.1 million, vs the estimate of $371.13million. That represents a 62% increase over the year ago EPS numberand an 82% jump in revenue, so a real nice quarter from Yingli. Grossmargins [...]