BAODING, China, April 19, 2013 /PRNewswire/ -- 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 ("PV") manufacturers, which markets its products under the brand "Yingli Solar," today announced that the Company ranked third among ninety well-known manufacturers worldwide in the PHOTON Module Yield Test 2012 (the "Test") conducted from January 1, 2012 to December 31, 2012.
At the PHOTON outdoor test field in Aachen, Yingli Green Energy's flagship multicrystalline module (the YGE 60 Cell Series, YL240P-29b) generated an annual yield of 1,118.7 kilowatt-hours per kilowatt. According to the test result, the performance ratio of Yingli Green Energy's module reached 93.1% and exceeded that of the winner from the same test in 2011 by 2.8%. This performance ratio indicates what percentage of the incoming solar irradiance converts into electricity and determines the ranking in the Test.
The 60 Cell Series that was tested is technically and materially similar to other popular multicrystalline product lines, including the Company's 48 Cell Series for residential, the utility-scale module lines, YGE 72 Cell Series and YGE U-Series, as well as YGE-Z Series (with a proprietary Zep Solar frame).
"We're pleased to have achieved such top results, which validates that Yingli modules perform exceptionally well in the field," said Dr. Dengyuan Song, Chief Technology Officer of Yingli Green Energy. "As we stay committed to technology innovation and quality control, we are focused on continuously enhancing the performance of our products and delivering reliable modules to our customers worldwide."
For further information about the test, visit www.photon.info/laboratory.
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. Yingli Green Energy currently maintains a balanced vertically integrated production capacity of 2,450 MW per year at its production facilities located in Baoding, Haikou, Tianjin and Hengshui. Yingli Green Energy distributes its photovoltaic modules to a wide range of markets, including Germany, Spain, Italy, Greece, France, South Korea, China 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 .
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, please contact:
In China
Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yinglisolar.com
In the Americas:
Helena Kimball
Head of Marketing
Yingli Green Energy Americas Inc.
Tel: +1-603-5915812
Email: helena.kimball@yingliamericas.com
In Europe:
Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel: +49-89-540303412
Email: rebecca.jarschel@ygee.eu
SOURCE Yingli Green Energy Holding Company Limited