Tuesday, April 1, 2008

Yingli Green Energy Announces Completion of Solar Project in Spain Using Modules Supplied by It

BAODING, China, Apr 01, 2008 (BUSINESS WIRE) -- Yingli Green Energy Holding Company Limited ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that the Installation Solar Villar De Canas 2 Project (the "Project") in Cuenca, Spain has been recently completed with 9.5 MW modules supplied by Yingli Green Energy under a previously announced sales contract between Yingli Green Energy and Control y Montages Industriales CYMI S.A. ("CYMI").

Yingli Green Energy was the sole PV modules supplier of the Project. The Project is expected to have a total annual power output of approximately 13.1 million kW/h. The Project was completed on February 28, 2008, which lasted seven months.

"I am very grateful to have had Yingli Green Energy work with us to successfully complete the Installation Solar Villar De Canas 2 Project," commented by Mr. Carlos Palli, Solar Manager of CYMI. "Yingli's top quality products and support played a very important role in our success on this project which powers Villar De Canas in Cuenca, Spain and I hope we can further expand the relationship between our two companies."

"We are very pleased to see the completion of the Installation Solar Villar De Canas 2 Project," commented Mr. Yiyu Wang, Chief Strategic Officer of Yingli Green Energy, who attended the completion ceremony. "I believe our high-quality products and active involvement in the Project's construction has helped us further demonstrate our well-established brand recognition in the region, our excellent customer support and our commitment to creating sustainable relationship with our customers."

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