Yingli Builds China's 1st Solar Laboratory

Yingli Builds China's 1st Solar Laboratory

Yingli Green chairman and chief executive Liansheng Miao says the solar laboratory will be used for developing PV technologies that can be commercialized later on. Miao adds that technological advances are vital for product quality and cost structure improvements.

Yingli Green's affiliate, Baoding Yingli Group Company Limited, supported the solar company throughout the application process to meet relevant application criteria. The solar laboratory Is set to be called the State Key Laboratory of PV Technology, with the lab also intended to be used as a center for academic and professional training. Yingli Green is expecting that they will get priority rights in the commercialization of photovoltaic technologies developed in the lab. The lab also hopes to expand Chinese production of world-class PV technology locally.

Yingli Green has recently made an agreement to supply 285 megawatts' worth of solar photovoltaic modules to German company Gehrlicher Solar A.G. The company has also helped the entities behind the FIFA World Cup in their greening efforts. Yingli Green is the first alternative energy company in history to become a sponsor for the football tournament and the first ever Chinese company to support FIFA's green movement for giving respect to the planet. The solar company will be releasing its unaudited financial results for the fourth quarter and full year ending December 31, 2009 before the U.S. market opens on Monday, March 8, 2010. There will be a live webcast and corresponding conference call scheduled for discussion of the results on March 8, 2010 at 8:00 AM Eastern Standard Time (EST) or 9:00 PM Beijing/ Hong Kong time. For the live/archived webcast of the conference call, investors may check out the Investors' section of Yingli Green Energy website at http://www.yinglisolar.com. A replay will be shown 90 days later after a call has been made on the website.

Yingli Green Energy Holding Company maintains Yingli Solar, a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers. To minimize mismatch for their solar module production, Yingli Green flash tests every module they produce to a power tolerance of +/-3%. Yingli Green uses materials such as specially designed robust, corrosion-resistant aluminium frames, independently certified by TV Rheinland, to withstand mechanical loading of as high as 5400Pa, ensuring that their modules remain mechanically stable throughout their quarter-century lifespan.

Yingli Green develops, manufactures, and sells photovoltaic modules to Germany, Spain, Italy, Greece, France, South Korea, China, and the United States as well. Yingli Green is listed on the New York Stock Exchange.

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