Yingli Green Energy and GRID Alternatives Renew Long-Standing Partnership

BAODING, China and OAKLAND, Calif., Feb. 27, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company that markets its products under the brand " Yingli Solar ," today announced that its U.S. subsidiary, Yingli Green Energy Americas, Inc. ("Yingli Americas") has renewed its strategic partnership with GRID Alternatives ("GRID"), a non-profit solar installer that brings renewable energy to low-income communities.

Yingli Green Energy originally teamed up with GRID Alternatives in 2011, when it became GRID's first and largest official solar module supplier. By the end of this year Yingli Green Energy will have supplied almost 4 MW of donated and fair-market value solar modules to GRID. The Partnership will help nearly 1,200 low-income families go solar across California and Colorado, saving them an estimated $30 million over the systems' lifetimes. In addition, by the end of 2014, thousands of solar job trainees will have accrued 150,000 hours of hands-on experience installing PV projects using Yingli Solar modules.

Helena Kimball , Head of Marketing for Yingli Americas, said, "We first decided to partner with GRID Alternatives because their mission so closely reflects our own: to provide affordable green energy for all. We are proud to have already given nearly 1,000 U.S. families the help they need to lower their utility bills and to put those cost savings towards a better future. We commend GRID for their dedication, their team, and their success – it's a fantastic partnership."

GRID Alternatives' mission is to empower communities in need by providing renewable energy and energy efficiency services, equipment, and professional training. Since 2004, more than 3,000 low-income families have received no- or low-cost solar energy systems through GRID. While the non-profit organization's efforts were initially focused on underserved communities in California, GRID was able to expand their operations to Colorado in 2012, thanks to the support of partners such as Yingli Green Energy.

"As our first major manufacturer partner, Yingli has been an invaluable resource to help us grow both geographically and in the number of families we've been able to serve," said GRID Alternatives Co-Founder Tim Sears . "We are thrilled to have Yingli's continued partnership as we expand nationally."

"My husband had been out of work for 18 months," said Valerie Paschell of Crockett, California, one of the first low-income homeowners to receive a solar energy system using Yingli Solar modules. "I knew I wouldn't have to worry about the electricity bill. For us it's been quite a blessing."

Yingli employees have also donated their time as volunteers on GRID projects. On Saturday, February 23rd, fifteen Yingli Green Energy employees from around the globe helped install a 3.7 kW solar energy system on the Vance family's home in the Bayview neighborhood of San Francisco, California.

"Our employees volunteer their time and energy towards projects like GRID Alternatives because we care deeply about social responsibility," said Mr. Liansheng Miao , Chairman and Chief Executive Officer of Yingli Green Energy. "We truly believe that solar energy can dramatically improve the the lives of future generations, and we hope that GRID's model inspires like-minded organizations across the world to take action."

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand " Yingli Solar ," is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. In August 2012, Yingli Green Energy reached a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui, respectively.

Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, Japan and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.

Yingli Green Energy Hosted DuPont Photovoltaic Solutions Innovation Day

BAODING, China, Oct. 17, 2012 /PRNewswire-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand " Yingli Solar ", invited the DuPont Photovoltaic Solutions China ("DuPont") team to an Innovation Day event at its Baoding headquarters. DuPont is the leading supplier of materials to the solar photovoltaic ("PV") industry, with the exception of silicon.

The Innovation Day event was designed to further strengthen the relationship between Yingli Green Energy and DuPont. During the day-long event, two companies exchanged views on photovoltaic materials and technology roadmap, downstream marketing strategies and manufacturing process optimization. The two companies also identified several opportunities for R&D collaboration in PV and other fields.

"DuPont is a company with a strong global network and is well-known for its experience and expertise in materials science, technology and innovation in the solar industry and many other fields. Yingli has always committed to advance technology and innovation. Through close interactions with DuPont such as at the Innovation Day event, we create a good platform upon which to exchange ideas, thoughts and concepts of technology innovation," said Mr. Liansheng Miao , Chairman and Chief Executive Officer of Yingli Green Energy.

"We are delighted to have this opportunity to more closely collaborate with the Yingli management and technician teams. It helps us further understand the company's strategy, product roadmap, technology development and unique corporate culture," said Mr. Jim Guo , Regional Business Director, Asia Pacific, DuPont Microcircuit Materials.

Yingli Green Energy entered into a strategic agreement with Dupont for the research and development of PV materials in February 2012. By using DuPont™ Solamet® photovoltaic metallization pastes and protective backsheet made with DuPont™ Tedlar® polyvinyl fluoride film, Yingli Green Energy is able to improve the cell conversion efficiency and lifetime of its PANDA modules.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand " Yingli Solar ", is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. In August 2012, Yingli Green Energy reached a balanced vertically integrated production capacity of 2,450 MW per year, from facilities located in Baoding, Haikou, Tianjin and Hengshui, respectively. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, Japan and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.

About DuPont Photovoltaic Solutions

DuPont™ Solamet® photovoltaic metallizations and Tedlar® polyvinyl fluoride films are part of a broad and growing portfolio of products represented by DuPont Photovoltaic Solutions, which connects science and technology from across the company on a global scale to help support the dramatic growth in the photovoltaic industry. To learn more about DuPont Photovoltaic Solutions, visit http://photovoltaics.dupont.com.

Yingli Green Energy Establishes New Regional Headquarters in Switzerland

ZURICH and BAODING, China, Oct. 16, 2012 /PRNewswire-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE, "Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand " Yingli Solar ", today announced the formal establishment of its regional headquarters in Zurich, Switzerland. The objective of this strategic move is to incorporate the Company's core European business activities within the framework of the newly founded Yingli Green Energy International AG. For the purpose of centralising key decision-making functions Yingli Green Energy has chosen the Swiss city of Zurich, an internationally reputed financial and economic center which is located in the heart of Europe.

"Yingli Green Energy will be able to consolidate its strong position in Europe through full integration of operations and strategic business activities on a pan-European level across all subsidiaries in core markets," said Mr. Liansheng Miao , Chairman and Chief Executive Officer of Yingli Green Energy.

While Mr. Karsten Mosch will be succeeding Mr. Darren Thompson as the new Head of Yingli Green Energy Europe GmbH, Mr. Darren Thompson has been appointed to Managing Director of Yingli Green Energy International AG.

"Through our new regional headquarters, the Company will be able to take advantage of centralized procurement, operational efficiencies and optimization of cash management. Whilst we will centralize activities that offer efficiency improvements, we will balance this with continued investment in localization in key markets where we can be close to our customers and at the same time adapt to the different market conditions and cultures," said Mr. Darren Thompson ,.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its products under the brand " Yingli Solar ", is a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. Yingli Green Energy's manufacturing covers the entire photovoltaic value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. In August 2012, Yingli Green Energy reached a balanced vertically integrated production capacity of 2,450 MW per year, from facilities located in Baoding, Haikou, Tianjin and Hengshui, respectively. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China, Japan and the United States. Headquartered in Baoding, China, Yingli Green Energy has more than 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.

Yingli Green Energy and Recurrent Energy Sign Strategic Sales Agreement

SAN FRANCISCO, BAODING, China and PHILADELPHIA, June 9 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, and Recurrent Energy, a distributed power company and a leading provider of solar energy, today announced that they have entered into a strategic sales agreement at the PV America conference in Philadelphia, PA.

Under this agreement, Yingli Green Energy has agreed to supply Recurrent Energy with crystalline PV modules through 2012 for expected use in Recurrent Energy's distributed solar projects, typically ranging from 2 to 20 MW, in the U.S., Canada, Europe and other emerging markets.

"Today's agreement further signifies our commitment to meeting the industry's demand for reliable, scalable and cost-competitive modules," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We are particularly excited to work with Recurrent Energy as they are pursuing an aggressive market development strategy with a strong pipeline of projects across North America and Europe."

"The combination of Yingli Green Energy's high quality modules, manufacturing scale and competitive pricing fits well with our development goals, especially within the rapidly-growing utility market," said Arno Harris, Chief Executive Officer of Recurrent Energy. "With this strategic partnership, we're confident in our ability to provide industry-leading distributed solar power to customers worldwide."

Yingli Green Energy Draws Down on Three-Year Loan Facility With ADM Capital and Renews Credit Line With China Eximbank

BAODING, China, April 16 /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 the US$50 million draw down under the previously announced three-year loan facility provided by a fund managed by Asia Debt Management Hong Kong Limited ("ADM Capital") and the renewal of credit lines up to an aggregate amount of RMB 1 billion with the Export-Import Bank of China ("China Eximbank"), a government policy bank solely owned by China's central government.

"We are very pleased to have made further progress in securing additional financing for our operations, which both strengthens our capital position and enhances our ability to expand our business in this challenging economic environment," commented Mr. Zongwei Li, Director and Chief Financial Officer of Yingli Green Energy. "This initial cooperation with ADM Capital, in conjunction with the extension of our long-term cooperation with China Eximbank, is not only evidence of the market's confidence in Yingli's value proposition and business development potential, but also a reflection of the Company's successful efforts to ensure our strong capital position."