BAODING, China, June 12, 2017 /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
on June 9th, 2017,
Tempress Systems B.V., part of the
Amtech Group celebrated the opening of Europe's largest bifacial PV solar plant of
close to 400 kilowatt-peak (kWp) capacity in the Netherlands, using n-type PANDA Bifacial
modules manufactured by Yingli
Solar. The plant is located next to the headquarter of
Tempress in Vaassen, the
Netherlands.
In contrast to standard monofacial modules, PANDA Bifacial
modules generate electricity from both sides. As the rear side
makes use of the reflected light from the surroundings and of
diffuse light, the modules can yield up to 30% more energy compared
to the situation when it only generates from the front side,
depending on the circumstances. It is expected that the annual
energy production of the bifacial PV plant will exceed 400
MWh.
The facility contains 1428 PANDA Bifacial n-type silicon
modules with a nominal peak power ranging from 275Wp to 280Wp each.
They contain solar cells based on the n-PERT technology jointly
developed by Yingli Solar, Tempress
Systems and ECN.
The bifacial modules have a glass front side and a glass
rear side with a 30-year-linear warranty exceeding the life time of
standard modules. The PANDA Bifacial modules have been
independently tested for harsh environmental conditions such as
exposure to salt mist, ammonia and known potential-induced
degradation (PID) risk factors. The modules are equipped with
n-type crystalline silicon solar cells which perform better under
low light conditions than regular p-type cells.
The innovative PV plant has been developed in cooperation
with Sparkling Projects and has been engineered by Schulz
Systemtechnik BV who also did the installation. The modules are
mounted on a fixed rack, which was specially designed for bifacial
modules to optimize the rear side performance and are produced by
Benz Alusysteme GmbH. Each module is equipped with micro inverters
from APsystems Inc. to ensure optimal energy generation and monitor
the performance of each module.
This project was granted with a SDE+ subsidy from the
Dutch ministry of Economic Affairs to encourage the production of
renewable energy in the
Netherlands. Sebastiaan
Masselink, independent advisor to the renewable energy
industry, arranged the debt financing for this bifacial PV-solar
project, which will be provided by sustainable lender ASN
Bank.
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
20 regional subsidiaries and branch offices and
has distributed more than 17GW 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. Potential risks and uncertainties
include, but are not limited to, uncertainties as to Yingli Green
Energy's ability to meet the standards necessary to maintain
listing of its ADSs on the NYSE or other stock exchange, including
its ability to cure the non-compliance with NYSE's continued
listing criteria in a timely manner or at all. 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