BAODING, China, May 4, 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 its PANDA Bifacial module has received
the world's first UL certification to the bifacial module that can
generate power by both the front and rear sides.
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 by up to 30% compare to the situation when
it only generates from the front side. 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 by up to 2.5%.
Yingli has been actively promoting the establishment of testing
standards of bifacial modules. In 2016, Yingli, cooperated with
China General Certification (CGC) canter, prepared jointly the
standard of PV Industry Association "Electrical Performance Testing
Method for Bifacial Module". At the end of 2016, Yingli received
the bifacial module certification from CGC, and became the first
and currently the only company which get this certification.
"We are glad to be the first company in solar industry to
consecutively receive the bifacial module certifications from CGC
and UL, which is a significant step forward for us and a proven of
our technical strength on the N-type bifacial generating
technology," Mr. Vincent Yu, Vice
president of Yingli. "The establishment of uniform standards for
bifacial products will both benefit the producers and consumers and
Yingli is committed 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:
In China
Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com
In Europe
Carolina
Calisalvo
Marketing & Communication Manager
Yingli Green Energy Europe S.L.
Tel: +34 91 843 67 26
E-mail: ccalisalvo@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited