Yingli Green Energy
Yingli Green Energy is a vertically integrated photovoltaic (PV) manufacturer that makes polysilicon wafers and ingots that it uses to create PV cells and modules, which it incorporates into solar energy systems that turn sunlight into clean energy. The company, with an annual production capacity of 200 megawatts of polysilicon ingots and wafers, 200 megawatts of PV cells, and 200 megawatts of PV modules, is one of the few companies in China involved in all stages of PV manufacturing, sales, and installation. Yingli Green Energy gets more than 90% of its sales in Europe, primarily from Germany and Spain.
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Piper Jaffray reiterates "Buy" rating on Yingli Green Energy
Piper Jaffray has reiterated its Buy rating on Yingli Green Energy with a price target of US$17 after visiting the company recently.
Yingli recently added four new customers and benefited from China’s stimulus plans, which have involved large subsidies for renewable energy companies. Piper Jaffray analysts anticpate 70 percent quarterly growth
Other Yingli Green Energy news
- Yingli Green Energy beats Q2 estimates
2011-08-19 - Yingli Green Energy to post disappointing first quarter shipments, gross margin
2011-05-11 - Yingli Green Energy to second quarter profit
2010-08-20 - Yingli signs RMB1.2bn solar production agreement in Hainan province
2009-07-21 - Yingli Green Energy subsidiaries receive RMB420m loans
2009-03-07

