Yingli Green Energy PV Modules to Power a 13 MW Solar Plant in Czech Republic
BAODING,
Holding Company Limited (NYSE: YGE) (“Yingli Green Energy”), one of the
world’s leading vertically integrated photovoltaic (“PV”) product
manufacturers, today announced that its PV modules will be installed in a 13
MW plant in the
(“S.A.G.”), one of the leading manufacturers, independent developers and
system integrators in the solar power and solar investment market in
Pursuant to the
more than 30 kWp are remunerated with CZK 12.79/kWh (approximately
0.48
estimated 13,650,000 kWh of electricity per year — enough to supply more than
3,000 households.
“S.A.G. stands for quality. This is why we only use high quality
components for our PV power plants. Yingli has a proven track record from
numerous projects at S.A.G. of delivering high quality modules with an
excellent and reliable performance and yield. We are therefore looking forward
to deploying Yingli modules in this important project,” said Dr.
Kuhlmann
“We are very pleased that our partnership with S.A.G will result in this
milestone PV project, the largest in the
country for both Yingli and S.A.G.,” commented Mr.
and Chief Executive Officer of Yingli Green Energy. “With an attractive
feed-in tariff, we believe the
important role in the global PV market in
vertically integrated model, proven strategy and strong brand name will enable
us to continue to succeed in existing and new solar markets around the world.”
Through a series of supply agreements over the past four years, Yingli
Green Energy has supplied a total of 68 MW of PV modules to S.A.G. for
projects throughout
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE) is one of the
world’s leading vertically integrated PV product manufacturers. 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. Based in Baoding,
Yingli Green Energy sells its PV modules to system integrators and
distributors located in various markets around the world, including
more information, please visit http://www.yinglisolar.com .
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
Courtney Shike
Brunswick Group LLC
Tel: +86-10-6566-2256
Email: yingli@brunswickgroup.com
In the United States:
Katie Cralle
Brunswick Group LLC
Tel: +1-212-333-3810
Email: kcralle@brunswickgroup.com
SOURCE Yingli Green Energy Holding Company Limited