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Yingli Partners with ECrowd! to Offer Financial Products for Self-consumption PV Projects in Spain

2017-05-18 17:30
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BAODING, China and MADRID, Spain, May 18, 2017 /PRNewswire/ -- Yingli Green Energy Holding Company Ltd. ("Yingli" or "Yingli Solar") (NYSE:YGE), one of the world's leading solar panel manufacturers, today announced that its wholly owned subsidiary, Yingli Green Energy Spain, S.L.U ("Yingli Spain") has signed a partnership agreement with ECrowd!, an online platform for the collective financing of profitable investments, in order to give more facilities to its clients when it comes to financing a project.

With this agreement, Yingli Spain will offer its clients the services of ECrowd! to extend the benefits by offering financing services for self-consumption photovoltaic projects. Yingli's purpose is to offer the access to loans for the collective financing of distributed generation photovoltaic projects through ECrowd!'s platform.

"This agreement strengthens Yingli' distributed generation strategy approach by increasing the added value of our services scopes. The financial support on this segment of the PV industry will be critical for success," said Mr. Fernando Calisalvo, the Managing Director of Yingli Spain.

"We're very proud to collaborate with Yingli and add value to their offering through our innovative financing platform," commented Matthieu van Haperen, CEO ECrowd!, the company has emerged as the leading collaborative finance platform for sustainable projects such as photovoltaic installations.

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'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 has more than 20 regional subsidiaries and branch offices and has distributed more than 17GW solar panels to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

About ECrowd!

ECrowd! (https://www.ecrowdinvest.com) is the online platform for the collective financing of profitable investments with a positive impact on society and the environment. We put in direct contact to projects that need a loan with investors who look to diversify with a greater yield. In addition, investing directly in these projects contributes to the real economy and a more sustainable world.

For further information, please contact:

Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/yingli-partners-with-ecrowd-to-offer-financial-products-for-self-consumption-pv-projects-in-spain-300459873.html

Source: Yingli Green Energy Holding Company Limited

Related stocks: NYSE:YGE

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