BAODING, China, Jan. 13, 2017
BAODING, China, Jan. 13, 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 PANDA Bifacial module has received Chinese Technology Innovation Award of Top Runner Program for 2016 on 2016 Innovation Conference of Top Runner Program of China, which was held early January 2017.
The PANDA Bifacial module is based on Yingli's PANDA n-type monocrystalline solar cell, 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% compared to the situation when it only generates from the front side. 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%.
In December 2016, the PANDA Bifacial module has received the Advanced Technology Product Certification of Top Runner Program from China General Certification Centre ("CGC"), 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.
"We are glad to see that our PANDA Bifacial module continues to gain industry and market recognition, demonstrating its high quality and technology leadership," commented Dr. Dengyuan Song, Chief Technology Officer of Yingli. "Yingli will always commit to technology innovation in order to reduce the cost of solar power generation and make solar electricity affordable and accessible for all."
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.
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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:
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
In the Americas:
Yingli Green Energy Americas
Marketing Communications Manager Europe
Yingli Green Energy Europe GmbH
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SOURCE Yingli Green Energy Holding Company Limited