yingli green energy hold-adr (YGE) Key Developments
Yingli Green Energy Holding Company Limited Supplies 15.5 Megawatts (MW) of Solar Panels to Marina Energy
Apr 7 15
Yingli Green Energy Holding Company Limited announced that it has supplied 15.5 megawatts (MW) of solar panels to Marina Energy. Marina Energy installed Yingli's highly durable, utility-scale multicrystalline YGE-U Series panels in three ground-mounted solar power plants in New Jersey: Frankford Solar, a 10 MW project located in Branchville; Holland Solar, a 3.5 MW project located in Holland; and Brickyard Solar, a 2 MW project located in Farmingdale. All three facilities are expected to be fully commercially operational by third quarter of this year. In total, they will generate approximately 17.5 million kilowatt-hours (kWh) of clean solar energy per year, which equals the energy demand of about 2,000 typical New Jersey households. The electricity produced by these projects will offset over 12,000 tons of carbon emissions over the systems' lifetimes, which is equivalent to removing nearly 9,900 cars from the road.
Yingli Solar Plans to Expand Operations
Mar 25 15
Yingli Solar announced that it intends to expand operations in Latin America and the Caribbean. The company plans to add personnel and local warehouses in the region.
Yingli Green Energy Holding Co. Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Production Guidance for 2015
Mar 25 15
Yingli Green Energy Holding Co. Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. The company reported a fourth quarter net loss of RMB 550.0 million ($88.7 million) and loss per ordinary share and per American depositary share of RMB 3.03 ($0.49). On an adjusted basis, the quarterly net loss was RMB 535.1 million ($86.2 million) and the loss per ordinary share and per ADS was RMB 2.94 ($0.47), wider than the loss of $0.31 reported in the same period a year ago. Total revenues were $3,446.511 million compared to RMB 3,711.094 million a year ago. Loss from operations was RMB 200.007 million compared to RMB 594.161 million a year ago. Loss before income taxes was RMB 520.953 million compared to RMB 803.956 million a year ago. EBITDA was RMB 108.275 million compared to negative EBITDA of RMB 128.972 million a year ago.
For the year, the company reported total net revenues of RMB 12,927.377 million compared to RMB 13,418.093 million a year ago. Loss from operations was RMB 215.194 million compared to RMB 1,118.382 million a year ago. Loss before income taxes was RMB 1,311.612 million compared to RMB 2,023.872 million a year ago. Net loss attributable to company was RMB 1,299.809 million or RMB 7.49 per basic and diluted share compared to RMB 1,944.425 million or RMB 12.41 per basic and diluted share a year ago. EBITDA was RMB 1,114.384 million compared to RMB 246.104 million a year ago.
The company expects its PV module shipment target to be in the estimated range of 3.6 GW to 3.9 GW for fiscal year 2015, which represents an increase of 7.1% to 16.0% compared to fiscal year 2014.
Yingli Green Energy Holding Co. Ltd.(NYSE:YGE) dropped from Ardour Global Index (Extra Liquid)
Mar 22 15
Yingli Green Energy Holding Co. Ltd. will be removed from Ardour Global Index (Extra Liquid).
Yingli Green Energy Holding Co. Ltd. to Report Q4, 2014 Results on Mar 25, 2015
Mar 10 15
Yingli Green Energy Holding Co. Ltd. announced that they will report Q4, 2014 results at 9:00 AM, China Standard Time on Mar 25, 2015