Yingli Green Energy Holding Company Limited (“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 Singapore Company Pte. Limited (“Yingli Singapore”), has provided 4 kilowatts (kW) of solar panels to energize a school and a health clinic in rural Laos.
Each site is equipped with a 2 kW off-grid system that is now operational, and provides its occupants with access to electricity for the first time. The school is located in Phongasavang and the health clinic is located in Lad Khammune.
To realize the projects, Yingli worked with Rezeca Renewables, a leading system integrator in Singapore; the Young Men’s Christian Association of Singapore (“YMCA of Singapore”), a volunteer International Service Organization serving the local community in Laos; MyLaoHome Hotels & Villas, a local community logistics partner; student volunteers from the Youth Corps Singapore Aspirant and Nanyang Technological University (NTU) Earthlink Club who supported in the laying of electrical wiring and installation of lights, fans and solar system as part of their social voluntary program.
Last year, these same organizations partnered to bring solar power to another rural school located in Lad Khammune.
The communities of Phongsavang and Lad Khammune were chosen by the YMCA of Singapore for these projects because their inaccessibility meant that the local government would be unable to supply them with electricity access within the next five years. The solar panels, system equipment, installers, and volunteers all traveled 5 hours by boat from the city of Luang Prabang to arrive at the remote locations.
Ban Phongsavang school has over 120 students who will benefit from the clean energy system. By providing renewable electricity to the school, the teachers and students now have light for night classes and fans to cool their classrooms. Importantly, they can also integrate technology into their lessons to enrich students’ learning experiences.
The Lad Khammune Health center serves the medical needs of seven surrounding villages, benefiting approximately 3,000 people. With solar energy, the health center can now extend its operating hours, use fans to provide patients with a more comfortable environment, and also upgrade its medical equipment.
“It was a pleasure to once again partner with such strong organizations and successfully bring solar power to these rural communities,.” said Angie Koh, Managing Director of Yingli Singapore. “The project is reflective of Yingli’s larger efforts to improve the lives of communities around the world with clean, affordable solar power.”
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 Green Energy’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 Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 13 GW 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:
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787+86 312 8929787
In Europe:Carolin StahlerMarketing Communications Manager Europe
Yingli Green Energy Europe GmbH
In the Americas:
Tori CliffordDirector of Marketing
Yingli Green Energy Americas Inc.
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SOURCE Yingli Green Energy Holding Company Limited