Yingli chief executive Liansheng Miao says the company is looking for ways to take advantage of the Chinese government’s recently announced ‘Golden Sun’ solar subsidy, which has drawn mixed reviews from analysts.

The Baoding-based Yingli Green first agreed to form a joint venture with the Hainan Provincial Development to build a series of factories that will make polysilicon ingots, wafers, cells and modules, with an annual capacity of 100 megawatts (MW).

Yingli