BAODING, China, Jan. 15, 2015 /PRNewswire/ -- Yingli Green Energy
Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the
"Company"), one of the world's leading solar panel manufacturers,
known as "Yingli Solar," today
announced that its holding subsidiary, Yingli Energy (Beijing) Co., Ltd. ("Yingli Beijing"), has
begun the construction of a 20 megawatt (MW) solar power plant
located in Shule County, Xinjiang Province, China.
Upon its completion in the second quarter of 2015, the project
will generate approximately 28 million kilowatt-hours (kWh) of
electricity annually, which is enough to meet nearly 30 percent of
Shule County's residential power demand. It will offset about
17,000 tons of carbon emissions each year, which is equivalent to
planting over 21 million trees.
"It is an honor to bring solar power to Shule County for the
very first time, and we applaud the local government's efforts to
encourage renewable energy project development. We aim to expand
our operations and accelerate the growth of the clean energy
economy throughout Xinjiang Province, where we have already
developed over 100 MW of solar projects," commented Mr.
Liansheng Miao, Chairman and Chief
Executive Officer of Yingli Green Energy.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), known
as "Yingli Solar," is one of the
world's leading solar panel manufacturers. Yingli Green Energy's
manufacturing covers the photovoltaic value chain from ingot
casting and wafering through solar cell production and solar panel
assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30
regional subsidiaries and branch offices and has distributed more
than 10 GW solar panels to customers worldwide. For more
information, please visit www.yinglisolar.com and join the
conversation on Facebook, Twitter and
Weibo.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements constitute "forward-looking" statements within the
meaning of Section 21E of the Securities Exchange Act of 1934, as
amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates,"
"future," "intends," "plans," "believes," "estimates," "target" and
similar statements. Such statements are based upon management's
current expectations and current market and operating conditions,
and relate to events that involve known or unknown risks,
uncertainties and other factors, all of which are difficult to
predict and many of which are beyond Yingli Green Energy's control,
which may cause Yingli Green Energy's actual results, performance
or achievements to differ materially from those in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in Yingli Green
Energy's filings with the U.S. Securities and Exchange Commission.
Yingli Green Energy does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under applicable law.
For further information, please contact:
In China
Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com
In the Americas:
Tori
Clifford
Director of Marketing
Yingli Green Energy Americas Inc.
Tel: +1 415 728 0472
Email: tori.clifford@yingliamericas.com
In Europe:
Carolin Stahler
Marketing Communications
Manager Europe
Yingli Green Energy Europe GmbH
Tel: +49 (0) 89 411 123 45
Email: carolin.staehler@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited