BAODING, China, May 24, 2016 /PRNewswire/ -- Yingli Green
Energy Holding Company Ltd. ("Yingli" or "Yingli Solar") (NYSE: YGE), one of the world's
leading solar panel manufacturers, today announced that it has
successfully commercialized its TwinMAX 60 Cell high-efficiency
dual glass module (including the standard series and the bifacial
series) and TwinMAX 72 Cell high-efficiency dual glass module
(standard series). The bifacial series monocrystalline modules will
be installed on a 50MW power plant in Datong, Shanxi province, which was rewarded to Yingli
under China's "Top Runner"
program.
The TwinMAX module is a frameless module that is comprised of two layers of 2.5mm
thick tempered glass, which replaced the conventional back sheet
and glass structure. Specifically, TwinMAX bifacial series
modules integrate technology from
Yingli's state of the art PANDA n-type monocrystalline solar cells
with cell efficiency that could reach as high as 20.5% and average
module efficiency that could be over 17%. The TwinMAX bifacial
series modules can generate from both the front and rear sides of
the cells, allowing power yields up to 30% more than traditional
monocrystalline modules.
TwinMAX modules possess strong durability and resistance to PID
(Potential Induced Degradation) and are able to perform well under
various harsh environments such as exposure to high temperature and
humidity, salt mist and sand. With a maximum system voltage of 1500
Volts (V), TwinMAX modules can improve system performance and help
to reduce balance-of-system costs. In addition, TwinMAX modules
carry a 30-year linear warranty, which theoretically could provide
more than 20% power gain for customers compared to industry
standard 25-years linear warranty.
"We are excited to introduce and offer one of the most advanced
products in the industry to our customers with the
commercialization of our TwinMAX module," commented Dr. Dengyuan Song, Chief
Technology Officer of Yingli. "This is also consistent with our
long-term commitment of reducing the cost of solar power generation
and making solar electricity affordable and accessible for all
through continued technology innovation."
About Yingli
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
E-mail: ir@yingli.com
In the Americas:
Lily Arrieta
Marketing
Communications
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