High-yielded Bi2Te3 hexagonal nanoplates were fabricated via a facile solvothermal method with the assistance of poly (vinyl pyrrolidone) (PVP). Effects of PVP molecular weight and concentration on the morphology and size distribution of the products were illustrated in this study. Molecular weight of PVP is significant for determining the morphology of Bi2Te3. The hexagonal nanoplates with high yield were obtained in the presence of PVP with molecular weight of 40000-45000. The average size and size distribution of Bi2Te3 nanoplates can be slightly varied by controlling concentration of PVP. High-yielded Bi2Te3 nanoplates exhibit characteristics of saturable absorption, identified by open-aperture Z-scan technique. The synthesized Bi2Te3 nanoplates with large saturation intensity of 4.6 GW/cm(2) and high modulation depth of 45.95% generated a stable passively Q-switched fiber laser pulse at 1.5 μm. In comparison with recently reported Q-switched fiber lasers utilizing exfoliated Bi2Te3 nanosheets, our passive Q-switching operations could be conducted at a relatively low threshold power of 30.2 mW or a quite high output power of 99.45 mW by tuning the cavity parameters.