The Company believes that this loan will support the Company’s long-term growth initiatives and the expansion projects we are currently constructing. “We are gratified by the confidence CITIC and BOC have shown in our operations and long-term prospects, as well as their positive views toward the solar industry and the overseas and domestic solar power markets. We believe this long-term loan will further optimize our loan structure and enhance our financial ability to pursue our long-term growth strategy,” commented Mr. Bryan Li, Director and Chief Financial Officer of Yingli Green Energy.”

Read more: Yingli Press Release

Under the terms of the agreement, First Solar and CPINE will initially explore collaboration on solar PV projects in China and identify project investment opportunities for CPINE in the U.S. and other global solar markets, leveraging CPINE’s role as a leading renewable energy developer in China, including CPINE’s planned 2 GW of solar in China by 2020, and First Solar’s expertise as a leading global solar PV technology company, including its 2.4 GW pipeline in North America.

“We are very pleased to build an extensive and in-depth relationship with First Solar, a global leader in solar PV technology. This cooperation leverages our advantages in the domestic solar power industry, and helps First Solar further expand its business presence in China. In addition, we are happy to explore other cooperation opportunities in different areas and through different methods with First Solar, working together to further expand in the global market,” said Madame Li. “Solar power offers tremendous growth potential in China and the U.S.”

“First Solar is very pleased to be expanding our commercial presence in China by establishing this relationship with CPINE, one of the premier clean energy state-owned companies in China and a leader in clean energy development,” said Kallenbach. “Both China and the U.S. are important markets with vast potential for sustainable solar energy, and this agreement can serve as a model for U.S.-China collaboration on renewable energy. Our agreement with CPINE also includes the potential to expand to other international markets, which could open up tremendous opportunities.” ”

Read more: First Solar Press Release

The investments in Changzhou Trina PV Park from 2011 to 2013 will be made for the purposes of expanding the Company’s manufacturing capacity and research and development facilities. The announcement was made during a ceremony held at the Changzhou Administration Centre on December 26 and attended by Mr. Zhang Wei Guo, Vice Governor of Jiangsu Province and Mr. Fan Yan Qing, CPC Secretary of Changzhou Municipal Committee.

The Company also announced that its wholly owned subsidiary Changzhou Trina Solar Energy Co. Ltd. surpassed the revenue milestone of 10 billion Renminbi for the calendar year 2010. This figure does not represent the consolidated revenue of Trina Solar Limited in 2010.

“We are pleased to announce the continuing investments in our capacity expansion and R&D within the Changzhou Trina PV Park to meet the increasing global demand for our PV products and brand,” said Mr. Jifan Gao, Chairman and CEO of Trina Solar. “The investments will also include the establishment of our State Key PV Research Laboratory to accelerate the advancement and delivery of new technologies and products to solidify our position as a global PV industry leader.”

“We are also proud that our local Changzhou operating entity surpassed the milestone revenue of 10 billion Renminbi for 2010, reflecting our on-going and successful execution of our business strategy and operations growth.”

As announced on November 30, 2010, the Company reiterates its total 2010 PV module shipments to be approximately 1 GW, representing an increase of approximately 151% from the annual PV module shipments in 2009.”

Read more: Press Release

Trina Solar was the exclusive supplier of the high performance PV modules to power the solar plant located in the Indian state of Gujarat. The western Indian state of Gujarat is emerging as a hub of solar power generation due to its abundant open space, high solar radiation and keen Government support to promote Gujarat as an investment destination for solar energy.

“We are pleased to work with Lanco, one of India’s leading integrated players with considerable experience in EPC, construction and power generation,” said Ku Jun Heong, Director of Sales and Marketing (Asia Pacific) at Trina Solar. “India is one of the most promising solar growth markets, announcing its goal to achieve 22 GW of solar energy by end of 2022. We believe our partnership with Lanco will play a significant role in fulfilling India’s solar potential under the National Solar Mission.”

“We are excited to work with Trina Solar, a recognized global leader in solar PV modules, on this project,” said Mr. Sai Baba, CEO of Lanco Solar. “Leveraging our in-house expertise to establish and grow Lanco as a leader in the solar industry, we hope to strengthen our partnership with Trina Solar to provide sustainable, innovative and cost effective energy solutions.”"

Read more: Trina Solar

Yingli Green Energy plans to build 600 MW of PANDA mono-crystalline silicon-based manufacturing lines in each of mono-crystalline ingots and wafers, cells and modules at its Baoding headquarters, through its wholly owned subsidiary, Yingli Energy (China) Co., Ltd. (“Yingli China”). In addition, the Company also plans to build 100 MW of multi-crystalline silicon- based manufacturing lines in Haikou, Hainan Province through Yingli China. With the completion of these two new expansion projects, the Company’s capacity will increase to 1.7 GW. The Company expects these two new expansion projects will start initial production from the middle of 2011.

“The launching of these new expansion projects marks another key milestone in the rapid growth of Yingli Green Energy,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “The demand for our ‘Yingli Solar’ modules continues to grow rapidly in the global market and we are pleased to further expand our capacity to meet the growing market demand and the increasing interest in our ‘Yingli Solar’ modules. Especially, we see robust demand momentum for the Yingli Solar Panda Module(TM) as a result of its high cell conversion efficiency targeting to reach 18.5% or above on commercial production lines by the end of this year, which is expected to help reduce the balance-of-system costs. We are confident in solidifying our leading position in the increasingly challenging industry and further increasing our market shares with our expanded capacity.”

“With a cash balance of more than RMB 4 billion in bank accounts as of September 30, 2010, the recent registration of RMB 2.4 billion medium-term notes, which is a committed funding source to further optimize our overall capital structure and enhance our cash position, we currently maintain a healthy level of cash, which we believe is further supported by expected additional long term project financings from PRC domestic banks to support our capacity expansion projects,” commented Mr. Zongwei Li, Director and Chief Financial Officer of Yingli Green Energy. “Such a robust cash position significantly helps remove the pressure for us to raise funds on stock market to finance the capacity expansion projects.”"

Source: Press Release

“Cegelec is one of the largest PV installers in France and also one of the key components to our growth strategy there,” said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “In view of the fact that the French solar market is booming, Yingli Green Energy has recently set up office in Lyon, France, with the objective of being close to the market and thus being able to provide best service to our customers and partners. In our opinion, sustainable long-term growth requires our steady and long-term commitment to the market and support from major players such as Cegelec.”

“When we look for long-term partners, we seek companies such as Yingli Green Energy that not only possess a track record of success and a well-known brand, but feature robust product warranty commitments and a proven trustworthiness matching perfectly with our customers’ high standards,” said Alain Viard, Head of Photovoltaics, Cegelec.”

Source: Press Release

According to the press release, “Vestas, the world leader in wind energy, received an order from China Longyuan Power Group for 18 units of the V80-2.0 MW turbine, totaling 36 MW. The order represents another step in the collaboration, which Vestas has had with this important customer for several years.

China Longyuan Power Group is China’s largest developer of wind energy. The company’s IPO in Hong Kong at the end of 2009 raised USD 2.2 billion, which will help fund its aggressive pursuit of wind energy production.

“We are excited to receive this new order from China Longyuan Power Group, the leading developer of wind energy in China and an important customer for Vestas. We appreciate this customer’s strong commitment to the industry, and will work closely with them to achieve our common goal – a sustainable tomorrow,” says Jens Tommerup, President of Vestas China. “Fujian is also one of the most important provinces for the wind industry in southern eastern costal area of China. Just this past half year, Vestas has received over 150 MW in orders for Fujian province alone, so we are well under way in building up a firm presence in this province.”

The contract includes delivery, transportation, installation and commissioning of the wind turbines, a VestasOnline® Business SCADA solution and a service and maintenance agreement. The first delivery is scheduled to take place in the third quarter of 2010.”

Read more: Press Release

“We are glad to sign this agreement with Innovalight,” said Dr. Dengyuan Song, Chief Technology Officer of Yingli Green Energy. “We believe strong research and development capabilities are critical to strengthen our industry leadership, and we have recently launched a series of innovation initiatives. Our collaboration with Innovalight once again re-affirms our commitment to technology advancement and allows us to bring the benefits of cutting-edge technologies to our valued customers.”

“We are delighted to have Yingli Green Energy as our customer and partner,” said Conrad Burke, Chief Executive Officer of Innovalight. “Innovalight’s silicon ink technology is a powerful platform to incorporate in the production of high efficiency solar products. Our collaboration with one of the largest vertically integrated solar product manufacturers in the world today is very exciting,” he added.

Innovalight manufactures a proprietary nanotechnology-based silicon ink and licenses a proprietary platform process which allows a simple upgrade to solar cell manufacturing production lines to boost performance of solar cells and lower production costs.”

Read more: Press Release

According to Reuters, “China on Tuesday disputed that it had surpassed the United States last year to become the world’s largest energy user, and defended its efforts in boosting cleaner energy sources.

The International Energy Agency estimates China last year consumed 2.265 billion tonnes of oil equivalent of energy from sources including coal, oil, natural gas, hydro and nuclear power, 4.4 percent more than the United States.

But Zhou Xian, spokesperson for China’s National Energy Administration, said on Tuesday that the IEA’s estimate of China’s energy consumption was too high, although he declined to give an alternative estimate.

The IEA estimate, he said, “could be used as a reference but is not very credible.”

“We believe that (IEA) did not understand fully the Chinese situation, in particular the efforts China made in energy saving, emission reductions and development in new energy sources,” said Zhou.

The IEA, adviser to 28 industrialised countries, is not the first provider of energy statistics to say China has become the top energy user.”

Read more: Reuters

According to the press release, “Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers, which holds the brand “Yingli Solar,” today announced that its affiliate, Yingli Group Company Limited (“Yingli Group”) has entered into a strategic cooperation agreement with the Hebei Branch of China Development Bank (“CDB”), a government policy bank solely owned by China’s central government, which contemplates potential credit facilities in the aggregate maximum amount of RMB 36 billion to be granted to Yingli Group and its affiliates, including three PRC subsidiaries of Yingli Green Energy–Baoding Tianwei Yingli New Energy Resources Co., Ltd. (“Tianwei Yingli”), a 74%-owned subsidiary of Yingli Green Energy, Yingli Energy (China) Co., Ltd. (“Yingli China”), a wholly owned subsidiary of Yingli Green Energy, and Fine Silicon Co., Ltd. (“Fine Silicon”), a wholly owned subsidiary of Yingli Green Energy.

Under the terms of the strategic cooperation agreement, subject to internal procedures to be conducted in accordance with its risk management and operational regulations, CDB expects to grant, among other credit facilities, credit facilities with an aggregate maximum amount of RMB 36 billion to support Yingli Group and its affiliates, in particular, Tianwei Yingli, Yingli China and Fine Silicon, three PRC subsidiaries of Yingli Green Energy, in their PV industry-related domestic and overseas investments. In addition to the internal procedures to be conducted by CDB, detailed terms of the credit facilities and related credit agreements will need to be negotiated before the relevant credit facilities may be granted. Therefore, no assurance can be given that the credit facilities will be eventually granted as currently contemplated in the strategic cooperation agreement or at all.

“We are very pleased with CDB’s support and confidence in Yingli Group and Yingli Green Energy, which resulted in this strategic cooperation agreement,” commented Mr. Zongwei Li, Chief Financial Officer of Yingli Green Energy. “This agreement raised two parties’ cooperation to a new level, which we believe will give us the ability to pursue opportunities that will allow us to strengthen our leadership position in the PV industry.”"

Source: Yingli Press Release