Yingli

Yingli Green Energy Holding Company Limited

Type	Public (: YGE)
Industry	solar energy
Founded	1998
Headquarters	Baoding, Hebei province, People's Republic of China
Key people	Liansheng Miao (Chairman and CEO)
Products	photovoltaic products
Number of employees	14,533 (Dec 31st 2015)
Website	Yingli Green Energy site (English)

Yingli (Chinese: 英利), formally Yingli Green Energy Holding Company Limited (Chinese: 英利绿色能源控股有限公司; pinyin: Yīnglì Lǜsè Néngyuán Kònggǔ Yǒuxiàn Gōngsī - . Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli Solar," is one of the world's leading solar panel manufacturers. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Yingli's photovoltaic module capacity is 4 GWs.

Yingli is headquartered in Baoding, China and has more than 30 regional subsidiaries and branch offices and has distributed more than 15 GW solar panels to customers worldwide. Yingli Solar was established in 1997 and was the world’s largest PV module manufacturers in the world in 2012 and 2013. Yingli was founded by Liansheng Miao who was a pioneer in Chinese solar manufacturing. Mao worked to persuade other people to encourage the growth of Chinese solar industry as Miao saw that solar manufacturing is an industry in which China can be competitive.

Yingli expanded production capacity at a time module prices slumped. Yingli recovered slowly and since early 2015 has faced financial difficulties and has been going through a debt restructuring out of court. In 2015 signed a contract with LONGi to cooperate on monocrystalline products. In the first quarter of 2016 Yingli posted a profit first time since 2011. Yingli has cut workforce and decreased R&D spending. Yingli's cost per watt is 41 cents. The company was a sponsor of the 2014 FIFA World Cup, U.S. men’s and women’s national soccer teams, and FC Bayern Munich.

Yingli is a member of the ‘Silicon Module Super League’ (SMSL), a group of big-six c-Si module suppliers in the solar PV industry today. The other five members of the group are Canadian Solar, Hanwha Q CELLS, JA Solar, Trina Solar and Jinko Solar.