Yingli Green Energy Signs 15 MW Sales Contract with GOLDBECK Solar

BAODING, China, Jan. 5 /PRNewswire-Asia-FirstCall/ — Yingli Green Energy
Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”),
one of the world’s leading vertically integrated photovoltaic (“PV”) product
manufacturers, today announced that it has entered into a sales contract with
GOLDBECK Solar GmbH (“GOLDBECK Solar”), a leading German PV system specialist
company for PV applications on industrial buildings. Under the terms of the
contract, Yingli Green Energy is expected to supply a minimum of 15 MW of PV
modules to GOLDBECK Solar in 2009. In addition, the contract provides a
framework for GOLDBECK Solar to purchase up to an additional 58 MW of PV
modules from Yingli Green Energy in 2009.

“We are pleased to have Yingli as one of our key suppliers,” said Joachim
Goldbeck, General Manager of GOLDBECK Solar. “We aim to provide our customers
maximum value with our products and services. Cooperating with top tier
suppliers like Yingli is one of our principal strategies for achieving these
goals in order to secure customers on a long-term basis.”

“We look forward to working closely with GOLDBECK Solar in 2009,”
commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli
Green Energy. “Given the cost advantage and quality control capability of our
vertically integrated business model, we can provide reliable and high quality
products at a reasonable and competitive price, in line with our strategy to
continually enhance the value that we provide to our customers. We believe
this will lead to a broader and deeper penetration of our products and brand
awareness worldwide.”

About Yingli Green Energy

Yingli Green Energy Holding Company Limited is one of the world’s leading
vertically integrated PV product manufacturers. Through the Company’s
principal operating subsidiary in China, Baoding Tianwei Yingli New Energy
Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV
modules and designs, assembles, sells and installs PV systems that are
connected to an electricity transmission grid or operate on a stand-alone
basis. With 400 MW of total annual production capacity in each of polysilicon
ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently
one of the largest manufacturers of PV products in the world as measured by
annual production capacity. Additionally, Yingli Green Energy is one of a
limited number of large-scale PV companies in the world to have adopted a
vertically integrated business model. Through its wholly owned subsidiary,
Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand
annual production capacity of polysilicon ingots and wafers, PV cells and PV
modules to 600 MW in the third quarter of 2009. Yingli Green Energy sells PV
modules under its own brand name, Yingli Solar, to PV system integrators and
distributors located in various markets around the world, including Germany,
Spain, Italy, South Korea, Belgium, France, China and the United States. For
more information, please visit http://www.yinglisolar.com .

About GOLDBECK Solar

GOLDBECK Solar, a subsidiary of GOLDBECK, a leading industrial
construction company in Europe, is a key player for turnkey industrial PV
rooftop systems, professional ground mounted PV systems and reliable operation
and management services in Europe.

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” 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:
     Qing Miao
     Director, Investor Relations
     Yingli Green Energy Holding Company Limited
     Tel:   +86-312-3100-502
     Email: ir@yinglisolar.com

    In the United States:
     Linda Bergkamp
     Christensen
     Tel:   +1-480-614-3004
     Email: lbergkamp@ChristensenIR.com

    In Hong Kong:
     Chen Yuan Yuan
     Christensen
     Tel:   +852-2232-3926
     Email: ychen@ChristensenIR.com

SOURCE Yingli Green Energy Holding Company Limited