Yingli Announces Progress and its Support to the Advancement of Clean PV Production in China

BAODING, China, July 5, 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 the draft of The Clean Production Evaluation Index System of PV Cell (the System) has been examined by subject matter experts at a conference at the end of June 2016, which was the first evaluation system in PV industry. Sponsored by National Development and Reform Commission ("NDRC") and the Ministry of Industry and Information Technology ("MIIT"), China National Institute of Standardization (CNIS), China Research Academy of Environmental Science (CRAES), Yingli, along with other Chinese major leading solar companies, were part of the project team to set up the System since September 2013.

During the conference, a panel consisting of officials from NDRC and MIIT as well as experts from CNIS, CRAES, and the PV industry discussed the System and reviewed the draft. They concluded that the System included scientific and reasonable indexes reflecting the characteristics of cleaner production of PV cells with strong operability. The panel also suggested further modifying the draft according to the comments of the reviewers and submitting it to NDRC, MIIT, and the Ministry of Environmental Protection for a joint release.

Based on investigations of the clean production status of tier one PV companies in China, the System establishes comprehensive evaluation indexes on the production of PV cells including the production process, equipment used, energy consumption, comprehensive utilization of resources, pollution emission, product feature, and clean production management. The establishment of the System is critical to the sustainable development of PV cell production in China by improving energy conservation and emissions reduction.

"Yingli expects to help lead and establish a benchmark for the clean production of PV industry in China through the System. Through the System, we are not only showing our commitment to provide green energy for all, but we are also pioneering the trend of clean production in the photovoltaic industry through technology advancements and reduction of carbon emissions in order to give back to our communities and protect the environment," said Mr. Dengyuan Song, Chief Technology Officer of Yingli.

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 15GW 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: [email protected]

In the Americas:

Lily Arrieta
Marketing Communications
Yingli Green Energy Americas
Email: [email protected]    

In Europe:

Carolin Staehler
Marketing Communications Manager Europe
Yingli Green Energy Europe GmbH
Email: [email protected]

SOURCE Yingli Green Energy Holding Company Limited

Related Links

http://www.yinglisolar.com