Yingli Solar Energy has been decimated by its massive debt burden, where most of its earnings are going to service the interest on its debt. The company which is still amongst the ten largest solar panel manufacturers in the world has repeatedly cut down its shipment forecast for 2015, as it faced working capital issues. […]
Yingli Bankruptcy The largest producer of solar panels in 2013 is fast slipping into a point of no return. The last quarterly result of Yingli Green Energy (YGE) saw both its revenues and margins plummet, as the company ran into liquidity issues. Without enough money to buy raw material, the company was forced to do […]
YGE Q1 2015 Results Yingli Green Energy announced its Q1 2015 results lately. Its net revenues amounted to ~$469 million, which beat analyst estimate. Its module shipment at 754 MW also exceeded guidance. Its gross margin however declined quarterly to 14.1%. Shipments to Japan and other emerging markets increased and guidance for full year module […]
Trina and Yingli revise their Q1 2014 shipment projections downward Both Trina Solar (TSL) and Yingli Green Energy (YGE) are big names in the solar industry today. They performed quite well in Q4 2013 with big shipment numbers. While Trina achieved a 2.58 GW shipment, Yingli achieved a target of ~3,234 MW in 2013. Both […]
Yingli Green Energy (YGE) is one of the oldest Chinese companies and is completely integrated. One of the world’s firstfully 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 […]
Yingli Green Energy (YGE) is one of the oldest Chinese companies and is completely integrated. 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 […]
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