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Yingli Solar Panel Review

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About The Company

Yingli Green Energy is one of the oldest Chinese companies and is completely integrated from polysilicon.The company has been expanding rapidly and has one of the lowest cost structures in the industry.Yingli is the second biggest producer of Solar Panels in China. One of the world’s first fully vertically integrated photovoltaic manufacturers, the company develops, manufactures, and sells high-quality modules under the brand Yingli Solar to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, and the United States. The company is headquartered in Baoding, China with over 11,000 employees worldwide & more than 10 branch offices globally. Yingli Green Energy has been sponsoring Football in Europe and has started a new line of high efficiency “Panda” Solar Panels. It is publicly listed on the New York Stock Exchange since 2007 (NYSE: YGE). The business model covers the entire PV value chain, from polysilicon production to the assembly of modules.

However the company has exited polysilicon production given the falling prices and its low scale of production. The company is one of the lowest cost producers of solar panels in the world with expected costs to reach around 60-65c/watt by end of 2012. This is a remarkable achievement given that solar panel prices were around $4/watt in 2008.

Since 1998, the capacity has grown from 3 MWp to over 1 GW, with more capacity expansions of 600 MWp in Baoding, China and 100 MWp in Hainan, for a total of 1.7 GW in production by the end of 2011. The company will be among the top 3 producers of solar panels in 2012 with expected shipments of around 2.5 GW which can generate power equivalent to a nuclear power plant.

Yingli Solar Panels Review – Are they Any Good

Yingli products have the following benefits:

  • Consistent high quality because of their vertically-integrated production model
  • Comprehensive product and facility certifications.

The vertical integrated production model has the following advantages:

  • Strict quality control measures at all stages of the manufacturing process
  • Elimination of redundancies
  • Reduced carbon emissions

Yingli Solar Panels Types, Dimensions, Warranty

Types

The product range includes high-quality, reliable monocrystalline and multicrystalline modules.

  • High efficiency PANDA modules are created from an innovative n-type cell technology
  • Product family spans from 245 W to 265 W
  • Module efficiencies of up to 16.2%

PANDA 265 Series – The average cell efficiency on commercial production lines exceeds 18.5% with up to 16.2% efficiency. It is ideal for commercial or residential projects where energy output is essential.

Dimensions:

1650 mm / 990 mm / 50 mm

Main Module Types:

PANDA 265, with peak power of 265 W

PANDA 260, with peak power of 260 W

PANDA 255, with peak power of 255 W

PANDA 250, with peak power of 250 W

PANDA 245, with peak power of 245 W

Features of Multicrystalline solar panels:

The multicrystalline modules include the YGE Series, which have an efficiency of up to 15.0%. These are used widely across commercial, residential, and utility projects. These are highly efficient & reliable modules which minimize installation costs and maximize kWh output.

The different YGE modules available are:

1).YGE 240 Series-

Dimensions:

1650 mm / 990 mm / 50 mm

Main Module Types:

YL240P-29b, with peak power of 240 W

YL235P-29b, with peak power of 235 W

YL230P-29b, with peak power of 230 W

YL225P-29b, with peak power of 225 W

Silver or Black frame available.

2).YGE-Z Series-

Dimensions:

1650 mm / 990 mm / 46 mm

Main Module Types:

YL240P-29b, with peak power of 240 W

YL235P-29b, with peak power of 235 W

YL230P-29b, with peak power of 230 W

YL225P-29b, with peak power of 225 W

3).YGE 285 Series-

Dimensions:

1970 mm / 990 mm / 50 mm

Main Module Types:

YL285P-29b, with peak power of 285 W

YL280P-35b, with peak power of 280 W

YL275P-35b, with peak power of 275 W

YL270P-35b, with peak power of 270 W

Warranty

Yingli Green Energy provides Limited Product & Limited Power warranty to its customers, subject to certain terms & conditions. It provides a lengthy 25 year limited peak power warranty and 5 year limited product warranty, which is standard warranty given by most solar panel manufacturers in the industry.

Yingli Solar Panels Comparison

You can see the Solar Panel Review on other major brands of solar panels below. You can also see a review of the Chinese solar panel manufacturers.

Sunpower Solar Panels

Sharp Solar Panels

Sanyo Solar Panels

First Solar Solar Panels

Bosch Solar Panels

BP Solar Panels

Kyocera Solar Panels

Hyundai Solar Panels

Other Chinese Solar Panel Manufacturers

There are many Chinese Solar Panel Manufacturers as the costs of setting up a Solar Panel Plant is quite low at around $5 million for a basic solar module line.However there are only a few big Solar Panel Companies which have capacities running into hundreds of Megawatts per year.There are also a number of big State Owned (SOE) Chinese conglomerates that are entering the Solar Panel Industry.Here  is a list of the Best Chinese manufacturers of Solar Panels

  1. Suntech – Suntech was  the world’s biggest producer of solar panels in 2010 and was one the first companies to set up operations in China.Its example was followed by a host of other Chinese companies.Suntech has been slow to expand compared to the fast growing small companies in China and has lost marketshare to them.It has started to vertically integrate in order to meet the low cost challenge from Trina and Yingli.Suntech makes one of the best quality Solar Panels in China.
  2. Trina Solar – Trina Solar is one of the lowest cost manufacturers of Solar Panels in the World right now and also sells it at a very low price.This is the reason that the company in a span of few short years has managed to acquire a substantial  global marketshare.The prices the solar panels being sold are around $340 per 200 watt module.Trina Solar.Like Yingli and Suntech,Trina Solar Panels are one the best quality in China
  3. Hanwha Solar One - The Company which was recently acquired by South Korean Chemicals Giant Hanwha also makes one of the cheapest panels and sells it a very low price.The quality is also quite good and with strong parentage behind it,the solar panels made by the company.Again like Trina Solar,it has very low cost Chinese manufacturing capacity.The company was earlier known as Solarfun.
  4. Canadian Solar – The Company sells a wide variety of solar panels unlike other producers.The Solar Panel Selling Price is also quite cheap.The Company is headquartered in Canada with factories in China and Ontario.Canadian Solar is the 5th biggest producer of Solar Panels in China.
  5. LDK Solar - This is the biggest producer of solar wafers that are used by crystalline solar panels but is losing its No.1 position to GCL Poly.Is expanding rapidly into other parts of the solar supply chain and could break into top 10 solar panel producer in the next couple of years.LDK Solar is building a huge solar panel and cell production facility.It sells Solar Panels mostly to other Solar Panel Companies.
  6. Renesola – Very similar to LDK Solar in operations and structure,this Chinese company is the lowest cost producer of solar wafer producer in the world.It is expanding into other parts of the supply chain.Like LDK Solar,Renesola sells most of its Solar Panels under an OEM Contract
  7. Jinko Solar – Jinko Solar has shown the fastest growth rates in the Chinese Solar Panel Industry.The company is expanding again to become one of the Top 5 Solar Panel Producers in China.Jinko Solar like Trina and Yingli is vertically integrated and has one of the lowest cost solar panel production process.
  8. Trony Solar - Trony Solar is the largest Solar Thin Film Producer in China and uses a-Si Technology to producer Solar Panels used mostly in Off-Grid Applications.The company uses its own custom made equipment and manages to get decent margins for its products.The company recently listed on the HK Stock Exchange.
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Sneha Shah

I am Sneha, the Editor-in-chief for the Blog. We would be glad to receive suggestions, inputs & comments on GWI from you guys to keep it going! You can contact me for consultancy/trade inquires by writing an email to greensneha@yahoo.in or call me on +913340606492.

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