BAODING, China, April 7, 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 it has supplied 15.5 megawatts (MW) of solar panels
to Marina Energy, a PV project developer and engineering,
procurement, and construction (EPC) provider that is wholly-owned
by South Jersey Industries (NYSE: SJI), a holding company for
several New Jersey-based energy
and energy services providers.
Marina Energy installed Yingli's highly durable, utility-scale
multicrystalline YGE-U Series panels in three ground-mounted solar
power plants in New Jersey:
Frankford Solar, a 10 MW project
located in Branchville; Holland
Solar, a 3.5 MW project located in Holland; and Brickyard Solar, a 2 MW project
located in Farmingdale.
All three facilities are expected to be fully commercially
operational by Q3 of this year. In total, they will generate
approximately 17.5 million kilowatt-hours (kWh) of clean solar
energy per year, which equals the energy demand of about 2,000
typical New Jersey households. The
electricity produced by these projects will offset over 12,000 tons
of carbon emissions over the systems' lifetimes, which is
equivalent to removing nearly 9,900 cars from the road.
"Marina selected Yingli for these projects because they provided
the best availability and product quality. They have proven to be a
highly reputable company and we are proud to work with them,"
commented David Robbins, president
of Marina Energy.
"We are pleased to bring clean energy to New Jersey communities in partnership with
Marina Energy," commented Robert
Petrina, managing director of Yingli Green Energy Americas,
Inc. "This project builds on Yingli's deep experience and
successful track record in the Garden State, which includes
supplying high-profile projects for Rutgers
University and the NY JETS, rooftop systems for homeowners,
and ground-mounted PV power plants like those we've announced
today."
About South Jersey Industries and Marina Energy
South Jersey Industries (NYSE: SJI) is an energy services
holding company based in Folsom, New
Jersey. SJI operates its business through two primary
subsidiaries. South Jersey Gas, one of the nation's fastest growing
natural gas utilities, serves more than 366,000 customers in
southern New Jersey. SJI's
non-regulated businesses, under South Jersey Energy Solutions,
promote efficiency, clean technology and renewable energy by
developing, owning and operating on-site energy production
facilities. Marina Energy, an SJES subsidiary, finances, develops,
owns, and operates solar energy projects across New Jersey and beyond. Following success in
providing solar energy to a wide variety of customers in its home
state, Marina has more recently expanded its market reach to
Massachusetts and Vermont. Currently owning and operating over
150 MW of solar sites across its fleet, Marina continues to
implement a robust pipeline of projects and has effectively
established itself as a major player in the solar market. For more
information about SJI and its subsidiaries, including Marina, visit
http://www.sjindustries.com.
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.
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SOURCE Yingli Green Energy Holding Company Limited