BAODING, China, May 5, 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 it reached more than 13 gigawatts (GW) of cumulative global solar panel deliveries by the end of the first quarter of 2015.
The Company's global fleet can now produce approximately 16 billion kilowatt-hours (kWh) of clean solar electricity each year, which is almost enough energy to meet the city of Beijing's residential power consumption in 2014. In total, the energy produced by all deployed Yingli Solar panels can offset nearly 9 million tons of carbon emissions each year, which is equivalent to taking about 1.7 million cars off the road.
"We are incredibly proud of reaching this historic milestone, which is a testament to both our innovative, high quality solar products and to our dedicated pursuit of Yingli's mission to bring green energy to all," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Together with our partners, we have made solar power -- and the significant environmental and economic benefits it provides -- accessible to communities in nearly every corner of the world."
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 13 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. Risks, uncertainties and assumptions that could affect Yingli Green Energy's forward-looking statements include, among other things, the time needed for Yingli Green Energy to finalize and file its annual report on Form 20-F for the fiscal year ended December 31, 2014. Unless required by law, Yingli Green Energy expressly disclaims any obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking 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:
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
In the Americas:
Director of Marketing
Yingli Green Energy Americas Inc.
Tel: +1 415 728 0472
Marketing Communications Manager Europe
Yingli Green Energy Europe GmbH
SOURCE Yingli Green Energy Holding Company Limited