Yingli,
seen
as
a
top-tier
company,
stunned
competitors
by
bidding
record
low
prices
in
two
public
tenders
last
month.
It
won
a
30MW
project
in
Ningxia
province
in
early
March
with
a
module
price
of
only
5.18
yuan
($0.82)
per
watt
(W),
well
below
the
recent
average
of
5.5-6
yuan.
Soon
after,
it
bid
4.99
yuan/W
for
a
20MW
project
in
Gansu
province
being
developed
by
the
Beijing
Solar
Power
Research
Institute.
Yingli’s
prices
sent
ripples
through
the
industry.
Already
struggling
to
make
money
with
low
prices
in
Europe,
panel
makers…
