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Yingli Green Energy Holding Co. Ltd. (NYSE:YGE)
Yingli Green Energy Holding Company Limited, which markets its products under the brand "Yingli Solar," is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. 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 vertically integrated production capacity of over 1 GW per year.
Yingli Green Energy Holding Co. Ltd. previously announced its unaudited consolidated financial results for the quarter ended June 30, 2011. Second quarter 2011 consolidated financial and operating highlights included a total net revenues increased by 27.4% to RMB 4,398.8 million (US$680.6 million) from the first quarter of 2011.
Earlier this summer YGE entered into supply agreements with Huanghe Hydropower Development, a subsidiary of China Power Investment Corporation, for the supply of a total of 110 MW PV modules.
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