Energy

Yingli Expanding in America (YGE)

solar-panel-picYingli Green Energy Holding Company Limited (NYSE: YGE) is going harder after the solar market in North America.  The Chinese PV Manufacturer is opening two coastal U.S. headquarters offices in New York City and San Francisco to support its North American customer base and to facilitate new partnerships in North America.

Yingli’s CEO said that it imperative for the company to have a strong presence on both coasts of the country.  Yingli Green Energy Americas, Inc. has been set up as the U.S. subsidiary and will be run by Robert Petrina, a “solar industry veteran with nearly a decade of international business development experience in the PV industry.”  He has been with General Electric’s solar division before going to Yingli Green Energy two years ago.

The East Coast headquarters will be located in mid-town Manhattan and will serve as a direct link to the financial community targeting renewable investments.

The West Coast headquarters will be located in San Francisco’s financial district and will provide support to customers throughout the entire sales, installation, and support cycle.

Yingli’s expanded U.S. product offerings now include five families of UL-certified PV modules ranging in size from 175 watt to 280 watt.

Jon C. Ogg
July 15, 2009

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