Connect with us

Hi, what are you looking for?


Clean Power

Yingli Solar Plans 300 MW Solar Panel Manufacturing Facility In Thailand

Yingli Solar has announced plans to set up its first solar panel manufacturing unit outside China.

Yingli Solar’s subsidiary Hainan Yingli New Energy Resource announced the joint venture with Demeter Power to set up a solar panel manufacturing facility in Thailand. Panels manufactured at the facility will be marketed under Yingli’s brand.

Hainan Yingli New Energy Resource will invest $19 million in the joint venture and retain a 40% share in the joint venture. The facility is expected to be operation in the second half of this year.

Several Chinese and Taiwanese companies have started developing overseas manufacturing facilities so as to circumvent the anti-dumping duties levied by the European Union. A number of Chinese companies, including Trina Solar and Zhongli Talesun, have extensive plans to set up production facilities in Thailand. The increased interest in the south-east Asian country is the result of the Thai Government’s proactive policies to promote investment in the solar power production as well as manufacturing sectors.

Trina Solar will set up their manufacturing facility with an annual production capacity of 500 MW solar photovoltaic modules and 700 MW of solar cells. The facility is expected to be operational by early 2016. Zhongli Talesun will set up a manufacturing facility and also develop 1 GW of solar power projects over the next 3 years.

Taiwan-based Gintech Energy also announced $45 million investment to develop 350 MW solar cell production facility last year.

The modules manufactured at the facility may also be used by Yingli itself to set up power plants in Thailand. In late 2014, Yingli Green Energy Holding and Huawei Technologies signed an agreement to jointly develop solar power projects in Thailand.

Appreciate CleanTechnica’s originality and cleantech news coverage? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Don't want to miss a cleantech story? Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Written By

An avid follower of latest developments in the Indian renewable energy sector.


You May Also Like


Foxconn says it doesn't want to build electric cars for itself. It wants to build lots of them for other companies, including Tesla.


BYD has announced it will build an electric car factory in Thailand to serve the southeast Asia market as well as Australia.


Before the pandemic, we went for a trip to Bali and were amazed at the frantic buzz of the roads. Going up a hill...

Clean Power

SEIA estimates the proposed 50-250% duties would cause 18 GW of lost solar deployment, equivalent to all U.S. solar capacity installed prior to 2015

Copyright © 2022 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.