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Yingli Expects 2012 Panel Shipments to Exceed 2.2 Gigawatts

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Jan. 7 (Bloomberg) -- Yingli Green Energy Holding Co., a Chinese solar manufacturer, expects 2012 panel shipments of more than 2.2 gigawatts.

That exceeds an earlier forecast of 2.1 gigawatts to 2.2 gigawatts, the Baoding, China-based company said today in a statement. At that volume, Yingli expects to become the world’s largest panel maker.

“According to public data to date, we believe Yingli has evolved into the largest PV module supplier,” Chief Executive Officer Miao Liansheng said in the statement.

Link to Statement:{NSN MG9ZSA3MMTC0 <GO>}

Link to Company News:{YGE US <Equity> CN <GO>}

To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net