Yingli Green Energy Holding Company Ltd. announced that it has made a significant milestone. According to the company it has started initial and small-scale production of polysilicon ingots, wafers, PV cells, and PV modules from its latest 200 MW expansion project in late June 2008.
The company said that equipment is being gradually delivered on time and in-line with the installation schedule and the complete installation of the 200 MW of expanded capacity during Q4 2008. Full production volume is expected to be achieved before the end of the year. Once completed, the company’s total production capacity of polysilicon ingots and wafers, PV cells and PV modules will be 400 MW.
“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.”