BAODING, China, Sep 24, 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 its principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., has been awarded the title "China Environmental Friendly Enterprise" by China's Ministry of Environmental Protection.
The award recognizes Chinese companies with outstanding achievements in discharge control, resource conservation, industrial waste recycling and disposal, environmental management system construction and environment friendly products manufacturing.
"We are honored to receive this title together with five other companies in 2008, which we believe is a recognition of our continued efforts to be a successful and socially responsible company," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "In addition to manufacturing products which provide clean energy, our efforts to develop more efficient and environmentally friendly manufacturing processes have provided us with both economic rewards and lowered environmental impact. On behalf of the Company, I wish to congratulate our technicians and other team members and thank them for their contributions to making Yingli Green Energy a socially and environmentally conscious manufacturer."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through the Company's principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis. With 200 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 400 MW by the end of 2008 and to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, Korea, France, China and the United States. For more information, please visit www.yinglisolar.com.
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