Energy & Power

Yingli Solar

Company Profile Analysis

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Yingli Solar - Energy & Power showcase

Year Founded & Workforce

1997-12-31

9,217 Employees

Industry

Energy & Power

Services

Y

Yingli Solar Overview

Headquarters: Baoding, China

Founded: 1998

Workforce: Approximately 9,217

Company Working: Yingli Solar manufacturers silicon solar cells and photovoltaic products, fans, thermal power generation products, controllers, and inverters. It has exported more than 65 million solar panels to countries including Germany, Spain, Italy, Greece, France and United States. The company has operations in countries such as Germany, Spain, France, Italy, Netherlands and the U.K.

Yingli offers solar power solutions for residential, commercial business, power plant and off-grid applications. In China, the company has more than 30 regional subsidiaries and branch offices and has distributed more than 15 GW of solar panels to customers, worldwide. Some of the subsidiaries of the company are Yingli China, Hainan Yingli, Yingli Tianjin, Yingli Lixian, and Yingli Hengshui’s HNTE. The company is one of the members of the Global Silicon Module Super League that supplies modern solar PV’s worldwide.

Yingli Solar is a part of WWF Climate Savers Initiative that spearheads the global shift towards low carbon economy and is committed to reducing its operational carbon footprint.

Strategy

Yingli Solar sees its key strategy as targeting solar power plant operators, developers, operators wholesalers and PV system integrators around the world as its key customers.. The company has its solar projects in China where the PV modules are used. It is determined to reduce the cost of manufacturing PV panels and improve the efficiency of the PV cells and solar panels, through consistent research and development. Besides, the company focuses on R&D activities in PV cells so as to compete on the parameters of efficiency and production capacity., the company has four state-of-the-art manufacturing campuses that focus on solar cell production and module assembly. To offer better services to the clients in the European region, Yingli Green Energy established the photovoltaic industry’s largest R&D and after-sales service center, which is located in Madrid, Spain.

Company Snapshot

$1,608.9M

Revenue

9,217

Employees

1997-12-31

Founded

SWOT Analysis

Strengths

  • Implementation of automation for manufacturing
  • Enhanced product portfolio
  • Strong global presence
  • Strong Manufacturing capacity and distribution
  • Diverse product portfolio
  • One of the top players in the world

Weaknesses

  • Lack of sound demand forecasting
  • Dependence on solar solutions
  • Reduced incentives for solar panel manufacturing
  • Intense competition from other Chinese manufacturers

Opportunities

  • Growing renewable energy demand in South America
  • Favorable taxation policies
  • Expansion into new growing markets like Latin America and Asia-Pacific
  • New product manufacturing capability such as thin film cells

Threats

  • Varying liability laws across countries
  • Counterfeit product manufacturing
  • Failure to obtain product certification in core markets
  • Failure to obtain raw materials on time for product manufacturing and delivery

Key Developments

DateApproachDevelopment
June 2018Contracts & AgreementsYingli signed a 146 MW EPC contract with Jenner Renewables for 12 solar power plants in Chile.
March 2018New Product DevelopmentYingli announced the launch of multi-crystalline 12 busbars panel, the product reduces silver paste consumption during PV cells processing.

Product Offering

  • • YL290CG2530L-1, with peak power of 290 W
  • • YL285CG2530L-1, with peak power of 285 W
  • • YL280CG2530L-1, with peak power of 280 W
  • • YL275CG2530L-1, with peak power of 275 W
  • • YL270CG2530L-1, with peak power of 270 W
  • Solar for Homes
    • PANDA 60 Cell Bifacial SeriesX21-335-BLK
    • YLM 60 Cell Series
    • PANDA 60 Cell Series
    • YGE 60 Cell Series
  • Solar for Business
    • PANDA 60 Cell Bifacial Series
    • YLM 60 Cell Series
    • YLM 72 Cell Series
    • YGE 72 Cell Series
    • YGE 60 Cell Series
    • PANDA 60 Cell Series
  • Power Plants
    • Power Plants
    • YLM 72 Cell Series
    • YGE 60 Cell Series
    • YGE 72 Cell Series
  • Off Grid
    • • YLSYS 300 Series
    • • YLSYS 800 Series
    • • YLSYS 1200 Series
    • • YLSYS 1200 Series
    • • YLSYS 1600 Series

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Yingli Solar as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Yingli Solar

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