BAODING, China and SAN
FRANCISCO, April 21, 2016
/PRNewswire/ -- Yingli Green Energy Holding Company Limited
(NYSE:YGE) ("Yingli" or "Yingli
Solar"), one of the world's leading solar panel
manufacturers, today announced its new utility-scale product line,
the YGE-U 1500 Series, is available in the Americas. Underwriters
Laboratory (UL) recently certified the new panel series for use in
projects with maximum system voltages up to 1500 volts DC.
There are considerable benefits to project economics gained
through the reduction of balance-of-system costs (BOS) and
improvement in large-scale PV system performance gained by
deploying Yingli's multicrystalline YGE-U 1500 Series. This product
represents an improvement over traditional modules which are
typically designed for maximum system voltages of 1000 V DC.
Available in power classes up to 340 W, the YGE-U 1500 Series
drives BOS savings by decreasing the required number of home run
cables, combiner boxes, and fuses in a given project. The higher
maximum system voltage also reduces resistive losses, thereby
increasing system-level energy yield and improving the project's
overall performance.
"With industry analysts citing installation cost savings as high
as $0.05 USD per watt when deploying
large-scale 1500 V projects, higher maximum system voltages will
soon become the industry standard," commented Jeffrey Barnett, Managing Director of Yingli
Green Energy Americas, Yingli's U.S. subsidiary. "Our YGE-U 1500
Series, which features a sturdy aluminum frame that is compatible
with standard mounting, racking, and tracking solutions, is ideally
suited for 1500 V applications."
"Demand for framed 1500 V modules like our YGE-U 1500 Series is
on the rise, but particularly in the U.S. and Latin America," commented Alan King, Vice President of Sales at Yingli
Green Energy Americas. "We're pleased to bring this innovative
product to market by supplying utility and large commercial
projects with our high-performing 1500 V technology."
For more information about the YGE-U 1500 Series or to download
the datasheet, please visit Yingli's website:
http://www.yinglisolar.com/us/products/multicrystalline/yge-u-1500-series/.
About Yingli Solar
Yingli Green Energy Holding Company Limited (NYSE: YGE), known
as "Yingli" or "Yingli Solar", is
one of the world's leading solar panel manufacturers. Yingli'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 has more than 30 regional
subsidiaries and branch offices and has distributed more than 14GW
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:
Jean Tian
Investor Relations Director
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
Email: ir@yingli.com
In the Americas:
Lily Arrieta
Marketing
Communications Manager
Yingli Green Energy Americas
Email: Liliana.Arrieta@yingliamericas.com
In Europe:
Carolin Staehler
Marketing Communications
Manager Europe
Yingli Green Energy Europe GmbH
Email: pr.eu@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited