Yingli Green Energy Establishes Regional Headquarters in New York City and San Francisco

BAODING, China, NEW YORK and SAN FRANCISCO, July 15 /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, today announced the opening of coastal U.S. headquarters in New York City and San Francisco.

Yingli Green Energy expects that these two regional headquarters in the U.S. will enhance support for the Company's growing North American customer base and facilitate the formation of new partnerships across the solar value chain in North America.

"Given the vast potential and rapid growth of the U.S. solar market, it is imperative for us to have a strong presence on both coasts of the country," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Our top-notch U.S. team has the technical expertise, business experience and proven track record necessary to drive success for our partners and customers. We are confident that our strong on-the-ground capability will play a crucial role in the development of our North American business in the years to come."

In order to strength Yingli Green Energy's business in North America, the Company has set up a wholly-owned subsidiary, Yingli Green Energy Americas, Inc. ("Yingli Americas"), which is led by Robert Petrina, a solar industry veteran with nearly a decade of international business development experience in the PV industry. Previously with General Electric's solar division, Robert has been with Yingli Green Energy for two years. Yingli Americas' operations and customer support team will be led by Brian Grenko, and Mathew Sachs will lead its business development team.

Yingli Green Energy's East Coast headquarters will be located in mid-town Manhattan. In addition to providing renewed support for the growing solar industry, the New York office will serve as a direct link to the financial community targeting renewable investments.

"Through PlaNYC, our comprehensive sustainability plan, and our Five Borough Economic Opportunity Plan, New York City is taking major steps to promote green manufacturing and green finance," said New York City Mayor Michael Bloomberg. "Yingli Green Energy's East Coast Headquarters will create green jobs, make it easier to invest in innovative technology and help our city become more efficient and sustainable."

Yingli Green Energy's West Coast headquarters will be located in San Francisco's financial district and will provide support to customers throughout the procurement, installation and operation stages of solar modules.

"We are proud to welcome Yingli Americas to San Francisco. Their choice to locate in San Francisco is yet another affirmation of our ChinaSF initiative strategy," said San Francisco Mayor Gavin Newsom. "San Francisco offers a leading hub of clean technology firms, top-notch talent, concentrated consumer demand for cleantech, proximity to the Pacific Rim and access to the North American market. Chinese firms, like Yingli Green Energy, bring the rising strength of Chinese entrepreneurship, their rapidly growing industry expertise, and the ability to take these innovations to mass scale."

The opening of the New York and San Francisco offices is Yingli Green Energy's latest step toward expanding its operations in North America and will help support and promote the Company's expanded U.S. product offerings which now include five families of high quality UL certified PV modules ranging in size from 175 watt to 280 watt.

Yingli Green Energy Selected by SDIC Huajing as PV Module Supplier for Its 10 MW On-Grid Solar Plant in Dunhuang

BAODING, China, July 2 /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 it has been selected by SDIC Huajing Power Holding Co., Ltd. ("SDIC Huajing"), a subsidiary of the State Development and Investment Corp. ("SDIC"), to supply PV modules for a 10 MW on-grid solar plant in Dunhuang, Gansu Province, which has been approved by the provincial Development and Reform Commission in Gansu.

"We are pleased to be partnering with Yingli Green Energy, one of the leading global manufacturers of PV modules, to develop the Dunhuang project together," commented Mr. Weidong Wang, General Manager of SDIC Huajing. "As a leading state owned electricity supplier, we have both the responsibility and opportunity to make renewable energy a reality in China, and we believe this 10 MW project demonstrates our commitment to this goal. Our advantage lies in our ability to leverage our established network of existing traditional power projects and manpower already on the ground in Gansu. We are confident that western regions such as Dunhuang will be big markets for solar power as they receive abundant natural sunlight and local governments are very open to investments by solar companies."

"We are very pleased to have established this strategic alliance with SDIC Huajing," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "As part of our strategy to build a greater presence in China's domestic solar market, we are seeking to establish strategic relationships with leading grid companies, such as SDIC Huajing, whose wealth of experience in China's power supply market gives them unique insights into the domestic solar market."

Mr. Miao continued, "Moreover, the launch of this on-grid solar plant in Dunhuang demonstrates the Chinese government's commitment to developing the renewable energy sector in China. As a leader in the global PV industry with more than ten years' experience and a proven track record in key global solar markets, we believe Yingli Green Energy is well positioned to continue capturing growth both in the China market and worldwide."

Yingli Green Energy Books 7 MW Of Photovoltaic Business

BAODING, China--(BUSINESS WIRE)--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 five new sales contracts to supply an aggregate of more than 7 MW of PV modules to five companies in Korea. All modules will be used in projects located in Korea.

Customers that signed these contracts include LG CNS Co., Ltd., DMS Co., Ltd., Hyosung Corporation, Nam Jung Energy Co., Ltd. and Kaycom Corp, to which Yingli Green Energy will supply PV modules during the third quarter of 2008.

“We are pleased with the success that we have had so far in building our business in Korea and these new contracts clearly demonstrate continued progress in extending our global presence,” commented Mr. Seok Jin Lee, Chief Operating Officer of Yingli Green Energy. “In a relatively short period of time, we have been able to develop good relationships with reputable companies in Korea. Our strong brand in other established markets has given us a solid starting point and we believe these contracts will further build customer confidence in the region. We are confident that Korea will develop into an exciting emerging solar market on the back of strong demand and favorable feed-in tariffs. As we continue to promote our products in new markets around the world, we will always remain deeply committed to further solidifying relationships with our existing customers.”

Yingli Green Energy Enters Korean Solar Market

BAODING, China--(BUSINESS WIRE)--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 signed sales contracts with two Korean companies: Korea Electric Power Industrial Development Corporation (“KEPID”) , a renewable energy company, and Kaycom Corporation (“Kaycom”), a distributor of electronic components and PV devices.

Under the terms of the contracts, Yingli Green Energy will deliver 1.3 MW of PV modules to KEPID by the end of April 2008 and 2.0 MW of PV modules to Kaycom by the end of May 2008. The PV modules to be provided by the Company under these contracts will be installed in KEPID’s planned 1.8MW project in Naju, Jeon la nam-Do, Korea and Kaycom’s Daelim Hae - Nam Project in Haenam-Gun, Jeon la nam-Do, Korea.

“Following successful achievements in Spain and Germany, I am pleased to announce these contracts with KEPID and Kaycom, which mark our first step in Korea’s growing solar market,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “Korea is expected to play an increasingly important role in the development of the alternative energy industry, especially due to its favorable feed-in-tariff policy. We believe that cooperating with KEPID and Kaycom will help us strengthen our global strategic development by establishing a presence in the Korean market.”