BAODING, China, June 7, 2018 /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 that it recently received the
bifacial module certification from TÜV Rheinland for its PANDA
BIFACIAL module, making the PANDA BIFACIAL module the world's first
bifacial module product certified by China General Certification
Centre (CGC), UL, and TÜV Rheinland. Yingli has received CGC's Top
Runner Program certification in the end of 2016 and UL's
certification in early May 2018,
respectively for its PANDA BIFACIAL module.
Specifically, PANDA BIFACIAL module integrates technology from
Yingli's state of the art PANDA n-type monocrystalline solar cells,
which can generate power not only from the front side, but also
from the rear side by leveraging reflected light in the
environment. Therefore, the power yields of the PANDA BIFACIAL
module can be increased significantly compare to traditional PV
module which can only generate from the front side. Taking the 60
cell PANDA BIFACIAL module for example, its standard power output
of the front side is 285 watts. However, in the UL and TÜV
Rheinland tests, its integrated power output can reach up to 315
watts, representing approximately 11% power gain compared to the
standard power output of the front side. In addition, stricter
hot-spot endurance test and reserve current overload test also
showed a stable power gain of the PANDA BIFACIAL module.
According to latest statistic, the monthly electricity generated
by the 50MW Top Runner project in Datong, Shanxi province, which utilized Yingli's PANDA
BIFACIAL modules, is up to 19.02% higher than near project with
same capacity powered by traditional polycrystalline modules. In
addition, the PANDA BIFACIAL module possesses strong durability and
resistance to PID (Potential Induced Degradation) and is 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), PANDA BIFACIAL module can improve
system performance and help to reduce the balance-of-system costs.
"We are glad to receive bifacial module certifications from CGC,
UL, and TÜV Rheinland, demonstrating our technical strength on the
N-type bifacial generating technology and the reliability of the
PANDA BIFACIAL module," said Mr.
Vincent Yu, Vice president of
Yingli. "Yingli will always commit to continued technology
innovation to reduce the cost of solar power generation and
contribute to the grid parity."
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 20 regional subsidiaries and branch offices and has
distributed more than 20 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:
Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited