BAODING, China and MATHARE/NAIROBI, Kenya, March 9, 2011 /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 host a "Switching On" Ceremony for the Mathare Football for Hope Center in Nairobi, Kenya. Among the distinguished guests will be Lucas Radebe, the former South Africa captain and FIFA ambassador for Football for Hope.
Yingli Green Energy, an Official Sponsor of the 2010 FIFA World Cup™, provides its expertise in solar energy to power "20 Centres for 2010", the official campaign of the 2010 FIFA World Cup South Africa™. 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 and streetfootballworld, a social profit organization that links relevant actors in the field of development through football, and their affiliates such as Yingli Green Energy. The Company provided the Mathare football pitch with solar-powered lighting systems, the state of the art off-grid lighting system will provide more than 1000 hours each year of pitch lighting at nighttime which allows the center much greater flexibility in its opening hours, so that the children and youths can utilize advanced renewable energy to play football in a safer and more comfortable environment.
2009 saw the beginning of the construction of the "20 Centres for 2010". During 2010, work progressed steadily at four centers in South Africa, Mali, Namibia and Kenya, which have been opened and are already hosting young people. Yingli Green Energy, an official supporter of the Football for Hope movement, continues to work closely in partnership with FIFA and streetfootballworld to design and supply the appropriate photovoltaic system solution for each individual center.
The Mathare Youth Sports Association (MYSA) uses the centers for programs focused on the training and education of young people. The link between sport and the environment is used to drive schemes aimed at HIV/AIDS education, reducing instances of abuse and organizing clean-up groups to help prevent the spread of disease in the slums. The facilities will be accessed by around 50,000 young people per year.
"It is our great pleasure to celebrate the "Switching On" Ceremony of the Mathare Football for Hope Center today. The pitch lighting essentially extends the utilization of the center and allows many more young people access to its benefits. We are looking forward to see more solar-powered centers in the future. Our mission is to make green energy a sustainable and cost-effective energy for all, and this center embodies a great step forward towards this goal", said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.
"I am very glad to witness how FIFA and Yingli Solar are supporting MYSA in Kenya and many other organisations across Africa in using football to inspire and help young people in achieving their goals. The solar-power will allow the services and opening hours of the centre to be expanded. This will be to the full benefit of the young people and the entire community," said Lucas Radebe, former Captain of Bafana Bafana and Football for Hope Ambassador.
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. Currently, Yingli Green Energy maintains a balanced production capacity of over 1 GW per year. Two capacity expansion projects of 600 MW and 100 MW are under construction in Baoding and Hainan, respectively, and are expected to start initial production in the middle of 2011 and increase the Company's total capacity to 1.7 GW in late 2011. In addition, Yingli Green Energy's in-house polysilicon plant, Fine Silicon, which has a designed annual production capacity of 3,000 metric tons, has successfully started commercial operation since early August 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 9,000 employees and more than 10 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, please visit the official website at http://www.FIFA.com.
The Mathare Youth Sports Association (MYSA) uses the center for programs focused on the training and education of young people. The link between sport and the environment is used to drive schemes aimed at HIV/AIDS education, reducing instances of abuse and organizing clean-up groups to help prevent the spread of disease in the slums. The facilities will be accessed by around 50,000 young people per year. Founded in 1987, MYSA's overriding motto is "Giving Youth A Sporting Chance On and Off the Field". Since then, MYSA has grown to be one of the largest and most successful youth programs in the world. Today, MYSA has a membership of over 25,000 youths. Over 1,700 boys' and girls' teams drawn from 16 zones play in over 150 leagues and participate actively in the different MYSA programs. Another 10,000 youths participate in MYSA-initiated or assisted projects all over Africa. MYSA is able to change lives. It is an inclusive organization, any youth in Mathare or neighboring slums can become a member by joining a local MYSA football team or project and it is free. http://www.mysakenya
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:
For Yingli Green Energy:
Director, Investor Relations
Yingli Green Energy Holding Company Limited
In the Americas:
Judy Tzeng Lee
Director of Corporate Development
Yingli Green Energy Holding Company Limited
Yingli Green Energy Europe GmbH
Tel.: +49 89 540303412
David O'Connor Manager Marketing Communication & Research
Federation Internationale de Football Association Tel.: +41-(0)43-222 7777 Email: firstname.lastname@example.org
SOURCE Yingli Green Energy Holding Company Limited