BAODING, China, Nov. 17, 2017
/PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE:
YGE) ("Yingli" or the "Yingli Solar"), one of the world's leading
solar panel manufacturers, today announced that its wholly owned
subsidiary, Yingli Energy (China) Company Limited ("Yingli China") recently announced the
groundbreaking of a 100 MW "Top Runner" project in Wuhai City,
Inner Mongolia Autonomous Region.
Following the Datong 50 MW "Top Runner" project in Shanxi province, this project, covering an
area of about 2.04 square kilometers of coal-mining subsidence
areas in Wuhai City, is Yingli's second "Top Runner" project. The
project will also be installed with Yingli's patented PANDA
Bifacial panels, which can generate both by front and rear sides.
It is expected to be connected to the grid and begin operations in
June 2018.
After put into operation, this project is expected to offset the
emission of nearly 60.3 tons of dust, 13.4 tons of carbon and
reduce the discharge of 1.8 tons of cinder annually. It is of great
significance to energy pressure relief, environment improvement and
climate conservation.
"We are glad to participate in "Top Runner" program again with
our reliable and high efficient products," commented Mr.
Liansheng Miao, Chairman and Chief
Executive Officer of Yingli. "Data shows that, since the
grid-connection of the Datong 50 MW 'Top Runner'
project, which utilized PANDA Bifacial panels, its monthly energy
yield is up to approximately 17% higher than typical
multi-crystalline solar plants. We believe that this project will
be another sample of Yingli's efforts in technological innovations
to increase the efficiency and reduce the cost of solar power
generation."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE),
known as "Yingli Solar," is one of the world's leading solar module
manufacturers. Yingli Green Energy's manufacturing covers
the photovoltaic value chain from ingot casting and wafering
through solar cell production and solar PV module assembly.
Headquartered in Baoding, China, Yingli Green
Energy has more than 20 regional subsidiaries and branch
offices and has distributed more than 18 GW solar PV modules 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@yinglisolar.com
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SOURCE Yingli Green Energy Holding Company Limited