Greentech Lead America: Yingli Green Energy Holding Company, a manufacturer of photovoltaic panels under the brand Yingli Solar, announced its multicrystalline module (the YGE 60 Cell Series, YL240P-29b) generated an annual yield of 1,118.7 kilowatt-hours per kilowatt in the PHOTON Module Yield Test 2012.
According to the test result, the performance ratio of Yingli Green Energy’s module reached 93.1 percent and exceeded that of the winner from the same test in 2011 by 2.8 percent. This performance ratio indicates what percentage of the incoming solar irradiance converts into electricity and determines the ranking in the Test.
The 60 Cell Series that was tested is technically and materially similar to other popular multicrystalline product lines, including the Company’s 48 Cell Series for residential, the utility-scale module lines, YGE 72 Cell Series and YGE U-Series, as well as YGE-Z Series (with a proprietary Zep Solar frame).
Yingli Green Energy currently maintains a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui.
Yingli Green Energy reported gross loss of US$39.8 million for the fourth quarter of 2012. Total net revenues were RMB 2,902.9 million (US$466.0 million) in the fourth quarter of 2012, compared to RMB 2,237.0 million in the third quarter of 2012 and RMB 2,567.6 million in the fourth quarter of 2011.