Alternative Energy: Yingli Green To Provide Solar Modules
July 14, 2010 (FinancialWire) — Yingli Green Energy Holding Co. Ltd. (NYSE: YGE), a Chinese solar energy firm, said that its U.S. subsidiary has been selected to provide 15 megawatts of solar modules for 16 solar power systems at multiple Kaiser Permanente hospitals and office facilities across California.
According to Yingli, nearly 65,000 Yingli Solar multicrystalline modules will be delivered between mid-July, 2010 and mid-year 2011.
The modules were chosen by the project's designer and installer, Swinerton Renewable Energy, a San Francisco-based green building leader, as well as the plant's owner and operator, Recurrent Energy, a San Francisco-based independent power producer.
According to the company, the projects will generate around 180 union and green jobs in California.
China-based Yingli Green Energy’s manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly.
Currently, Yingli Green Energy maintains a balanced production capacity of over 600 MW per year. Two capacity expansion projects of 300 MW and 100 MW locating in Baoding and Hainan, respectively, has started initial production in early July 2010, and are expected to bring Yingli Green Energy's total capacity to one GW by the end of third quarter 2010.
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