Yingli Solar Surpasses 2,000 MW of Solar Panel Deliveries in the Americas
First International Company to reach this milestone
BAODING, China and SAN FRANCISCO, Oct. 21, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Solar"), the world's largest vertically integrated solar panel manufacturer, announced today that it has surpassed two gigawatts (GW) of cumulative solar panel deliveries in the Americas. The more than six million Yingli Solar panels delivered are now generating electricity for more than 85,000 solar projects across the region.
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"We're honored to reach this historic milestone, and thank our customers and stakeholders for making this possible," commented Mr. Robert Petrina, Managing Director of Yingli Green Energy Americas. "The investments that we've made in building highly capable local teams allow Yingli to provide differentiated services to our sophisticated and fast-growing customer base."
Yingli estimates that more than 80,000 homes and 5,000 business and institutions in the Americas are energized by its high-quality solar panels. Its most popular product line, the YGE 60 Cell Series, is a versatile multicyrstalline solar panel suited for most solar applications, from off-grid systems to large-scale utility projects.
Since early 2013, Yingli has deployed more than 150 megawatts (MW) of its high-performing solar panels Latin America and the Caribbean, becoming a leader in the region in fewer than six quarters.
"The United States remains an important market with strong growth potential, and we are very optimistic about the opportunities that it affords us," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "In addition, emerging markets are growing in significance as Latin America's PV industry is catalyzed by reforms enabling the accelerated deployment of solar. With a network of five regional offices across the Americas and dedicated, experienced local teams, Yingli will continue to provide our local customers with high-quality solar panels and exceptional service."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli Solar," is the world's largest photovoltaic module manufacturer in terms of production capacity and shipments. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 10,000 MW of 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 about Yingli Green Energy, please contact:
In China
Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: [email protected]
In the Americas:
Helena Kimball
Head of Marketing
Yingli Green Energy Americas Inc.
Tel: +1-603-591-5812
Email: [email protected]
In Europe:
Rebecca Jarschel
Public Affairs & Public Relations Director
Yingli Green Energy International AG
Tel: +41 (0) 44 567 6143
Email: [email protected]
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/yingli-solar-surpasses-2000-mw-of-solar-panel-deliveries-in-the-americas-988622090.html
SOURCE Yingli Green Energy Holding Company Limited
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