JOHANNESBURG, South Africa, June 28 /PRNewswire-Asia-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 holds the brand "Yingli Solar," today announced that it will provide its expertise in solar energy to power "20 Centres for 2010", the official campaign of the 2010 FIFA World Cup South Africa(TM). This campaign is part of the Football for Hope movement, which is using the power of the game for positive social change. It is led by FIFA, world's football governing body, and streetfootballworld, a social profit organisation that links relevant actors in the field of development through football, and their affiliates such as Yingli Green Energy.
Yingli Green Energy will actively support the campaign by providing solar power to training centres across Africa. Yingli Solar calls this "Football for Hope. Energy for Hope." The company will supply the centres with solar installations that will, for instance, power pitch lighting, computers or study rooms in those centres. Of the 20 centres, five are being built in South Africa and 15 in other African countries. The first six centres to be built are located in South Africa, Kenya, Rwanda, Mali, Namibia and Ghana.
Yingli Green Energy is hosting a "Football for Hope. Energy for Hope." press conference on 30 June in Johannesburg, South Africa in cooperation with FIFA. Federico Addiechi, Head of FIFA's Corporate Social Responsibility Division, and Yingli Green Energy's senior management will present and hold one-on-one interviews at the press conference. Furthermore, the company will also showcase the wide range of solar applications which it plans to contribute to those centres based upon each centre's specific needs.
"The FIFA World Cup(TM) offers an ideal opportunity for Yingli Solar to be involved with Football for Hope and to support the '20 Centres for 2010' project with highly desired solar power," Liansheng Miao, chairman and chief executive officer of Yingli Green Energy, commented. "Social responsibility is an important pillar of Yingli Green Energy's core values. We are engaged in a variety of community-focused projects around the world - aiming to make solar power a sustainable and cost-effective energy for the world."
Federico Addiechi, FIFA's Head of Corporate Social Responsibility, said: "We are extremely pleased that Yingli Solar is not only a sponsor of the 2010 FIFA World Cup(TM), but also a strong supporter of the Football for Hope movement and, in particular, of '20 Centres for 2010' by offering its expertise in renewable energy. We want to commend Yingli Solar on their commitment to helping us build a better future, which is a fundamental pillar of our organisation. This is truly the beginning of a sunny legacy in Africa."
All members of the press are cordially invited to join the press conference in Johannesburg, South Africa on 30 June. Please contact us for more details.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited, which holds 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, ingot casting and wafering to solar cell production and module assembly. Currently, Yingli Green Energy maintains a balanced production capacity of over 600MW per year. Two capacity expansion projects of 300MW and 100MW are under construction in Baoding and Hainan, respectively, and are expected to bring Yingli Green Energy's total capacity to 1GW by the end of 2010. In addition, Yingli Green Energy's in-house polysilicon plant, Fine Silicon, which has a designed annual production capacity of 3,000 metric tons, is at the final stage of the segment trial process, and is expected to start fully integrated production in mid-2010. 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 7,000 employees and more than ten subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit http://www.yinglisolar.com .
The Federation Internationale de Football Association (FIFA), based in Zurich, Switzerland, is world football's governing body, comprising 208 football associations grouped into six confederations. As its claim "For the Game. For the World." indicates, FIFA's activities extend far beyond its broad spectrum of international competitions, headed by the FIFA World Cup(TM). FIFA also provides material, financial and promotional resources for developing the game around the world, and offers underprivileged communities support through the Football for Hope movement.
For more information on FIFA and its competitions, especially the 2010 FIFA World Cup South Africa(TM), please visit the official website at http://www.FIFA.com .
Safe harbour 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 Director, Investor Relations Yingli Green Energy Holding Company Limited Tel: +86-312-3100502 Email: firstname.lastname@example.org In the Americas: Judy Tzeng Lee Director of Corporate Development Yingli Green Energy Holding Company Limited Tel: +1-510-847-3920 Email: email@example.com In Europe: Rebecca Jarschel Brand Manager Yingli Green Energy Europe GmbH Tel: +49-89-540303412 Email: firstname.lastname@example.org
SOURCE Yingli Green Energy Holding Company Limited