BAODING, China and KUALA LUMPUR, Malaysia, Feb. 9, 2015 /PRNewswire/ -- Yingli Green
Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy"
or the "Company"), one of the world's leading solar panel
manufacturers, known as "Yingli
Solar," today announced that its wholly-owned subsidiary,
Yingli Green Energy Singapore Company Pte. Limited ("Yingli
Singapore"), has supplied one of East
Malaysia's first solar power plants, a one megawatt (MW)
solar farm located in the state of Sabah on the island of Borneo. The facility was commissioned this
February after passing its initial operation date (IOD) and
receiving a license to export power throughout Borneo in 2014. The project was developed by
Cahaya Metro Sdn. Bhd. (Cahaya Metro), a leading solar energy
company in East Malaysia.
The solar farm spans an area of approximately four acres in in
Kg. Nyaris Nyaris, Bongawan, Sabah,
Malaysia. It utilizes nearly 4,000 multicrystalline YGE 60
Cell Series panels that are estimated to generate approximately 1.5
million kilowatt-hours (kWh) of clean electricity per annum.
The opening ceremony of the project was officiated by Y.B Datuk
Seri Panglima Dr. Maximus Johnity Ongkili of the Ministry of
Energy, Green Technology and Water of Malaysia.
"We are pleased to have selected Yingli as our panel supplier
for Sabah's first solar power
plant with interconnection facilities and license to export power
and we believe that Yingli is undoubtedly our best solar panel
provider. We selected Yingli because their track record for product
quality is validated by independent testing and assessments – and
that gave us the strong assurance in Yingli
Solar panels' long-term reliability," said Mr. Sean Tay, Project Director of Cahaya Metro.
"We are witnessing sustainable growth on the island of
Borneo, particularly in
Sabah where there are plans
to make PV a pillar of the state's energy mix. We anticipate
continued solar power plant development across the region," said
Ms. Angie Koh, Managing Director of
Yingli Singapore.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), known
as "Yingli Solar," is one of the
world's leading solar panel manufacturers. Yingli Green Energy's
manufacturing covers the photovoltaic value chain from ingot
casting and wafering through solar cell production and solar panel
assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30
regional subsidiaries and branch offices and has distributed more
than 10 GW solar panels to customers worldwide. For more
information, please visit www.yinglisolar.com and join the
conversation on Facebook, Twitter and
Weibo.
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 about Yingli Green Energy,
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:
Tori Clifford
Director
of Marketing
Yingli Green Energy Americas Inc.
Tel: +1 415 728 0472
Email: tori.clifford@yingliamericas.com
In Europe:
Carolin Stahler
Marketing Communications
Manager Europe
Yingli Green Energy Europe GmbH
Tel: +49 (0) 89 411 123 45
Email: carolin.staehler@yingli.com
In Southeast
Asia:
David Cheah
Marketing
& Branding Manager
Yingli Green Energy Singapore Company Pte. Limited
Tel: +65 6690 8780
Email: david.cheah@yingli.com
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SOURCE Yingli Green Energy Holding Company Limited