BAODING, China and TOKYO, August 13, 2012 /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 markets its products under the brand "Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Green Energy Japan Corporation, Ltd. ("Yingli Japan") obtained the first JIS Q 8901 Certification from TUV Rheinland Japan Ltd ("TUV Rheinland Japan").
The JIS Q 8901 Certification was established on February 29, 2012 in the aim to encourage wider adoption of PV power generating systems, as well as to promote product reliability and user protection in Japan solar market. The certification specifies requirements for reliability assurance system concerning design, production and product warranty for PV modules.
"Yingli Green Energy becomes the first PV module manufacturer to obtain the JIS Q 8901 Certification from TUV Rheinland Japan, which demonstrates that Yingli's products fully meet the strict requirements of Japanese consumers, and will significantly help us develop the industrial and residential market in Japan," commented Mr. Masaki Mizuta, Managing Director of Yingli Japan. "We expect that the new FiT program started from July 1, 2012 will accelerate the Japan solar market. This certification will be a key factor for us to establish long-term cooperative relations with Japanese consumers and to provide high-quality and competitive products for them."
"After establishment of the JIS Q 8901, TUV Rheinland Japan has started the certification scheme in July 2012. With our PV operation in Japan we again demonstrated that our aim is to provide excellent services to the industry and support in the creation of confidence in long-term product reliability. Yingli Green Energy has demonstrated its commitment towards market needs and expectations by successfully implementing all requirements of the JIS Q 8901. We are happy to hand over the certificate today," says Mr. Stefan Kiehn, Manager Photovoltaic Laboratories of TUV Rheinland Japan.
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 vertically integrated production capacity of 1,850 MW per year. Capacity expansion projects of an additional 600 MW in total are under construction in Baoding, Haikou, Tianjin and Hengshui, which are expected to increase the Company's total nameplate production capacity to 2,450 MW by the end of 2012. 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 20 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit www.yinglisolar.com.
About TUV Rheinland
TUV Rheinland is a global leader in independent inspection services, founded 140 years ago. The Group maintains a presence at around 500 locations in 61 countries with 16,000 employees. Annual turnover is EUR 1.4 billion. The independent experts stand for quality and safety for people, the environment, and technology in nearly all aspects of life.TUV Rheinland inspects technical equipment, products and services, oversees projects and helps to shape processes for companies. Its experts train people in a wide range of careers and industries. To this end, TUV Rheinland employs a global network of approved labs, testing and education centres. Since 2006, TUV Rheinland has been a member of the United Nations Global Compact to promote sustainability and combat corruption. Website: www.tuv.com.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:
Director of Investor Relations
Yingli Green Energy Holding Company Limited
In the Americas:
Head of Marketing
Yingli Green Energy Americas Inc.
Marketing Communications Manager
Yingli Green Energy Europe GmbH