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Yingli Forecast Will Make It Biggest Solar-Panel Supplier

BLOOMBERG - Yingli Green Energy Holding Co. (YGE), a Chinese solar manufacturer, expects to become the world’s biggest panel supplier this year as domestic sales surge, its chief executive officer said.


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Print November 29, 2012, 11:24 (CET)
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Panel shipments for the year will be 2.1 gigawatts to 2.2 gigawatts, up as much as 37 percent from 2011, the Baoding, China-based company said in a statement today. Yingli also expects gross margin to rebound to as high as 2 percent in the current quarter after reporting its first negative margin for the third quarter.

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