Yingli's PANDA Bifacial Module Receives CGC's Top Runner Program Certification

BAODING, China, Dec. 27, 2016 /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 PANDA Bifacial module has received China General Certification Centre's ("CGC") Top Runner Program certification, which was the first Top Runner Program certification to module that can generate power by both the front and rear sides in China. The PANDA Bifacial module has been installed on a 50MW Top Runner project in Datong, Shanxi province.

The PANDA Bifacial module is comprised of two layers of 2.5mm thick tempered glass, which replace the conventional back sheet and glass structure. Specifically, PANDA Bifacial module integrates technology from Yingli's state of the art PANDA n-type monocrystalline solar cells, which can generate power not only from the front side, but also from the rear side by leveraging reflected light in the environment. Therefore, the power yields of the PANDA Bifacial module can be increased by up to 30% compare to the situation when it only generates from the front side.

The PANDA Bifacial module possesses strong durability and resistance to PID (Potential Induced Degradation) and is able to perform well under various harsh environments such as exposure to high temperature and humidity, salt mist and sand. With a maximum system voltage of 1500 Volts (V), PANDA Bifacial module can improve system performance and help to reduce the balance-of-system costs by up to 25%.

"We are glad to receive the first Top Runner Program certification for bifacial PV products. Actually, the performance of our PANDA Bifacial module is beyond Top Runner Program's requirements, which resulted from our continued technology innovation," commented Dr. Dengyuan Song, Chief Technology Officer of Yingli. "Yingli will always committed to reducing the cost of solar power generation and making solar electricity affordable and accessible for all through continued technology innovation."

About Yingli

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli" or "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 30 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.

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:

In China:

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

In the Americas:

Lily Arrieta
Marketing Communications
Yingli Green Energy Americas
Email: Liliana.Arrieta@yingliamericas.com    

In Europe:

Carolin Staehler
Marketing Communications Manager Europe
Yingli Green Energy Europe GmbH
Email: pr.eu@yingli.com

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SOURCE Yingli Green Energy Holding Company Limited