BAODING, China and KUALA LUMPUR, Malaysia, June 13, 2014 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as " Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Green Energy Singapore Company Pte. Limited ("Yingli Singapore"), is pleased to announce the official commissioning of Malaysia's largest solar power plant, which is powered by over 10 MWs of Yingli Solar modules. The project was developed by Amcorp Power Sdn. Bhd. ("Amcorp Power"), which is a subsidiary of Amcorp Group Berhad, an investment holding company based in Malaysia.
The companies' strong partnership can be traced back to March 2013, when Yingli Singapore signed an agreement with Amcorp Power to supply Yingli Solar modules for the 10.3 MW PV power plant, located in Gemas, Negri Sembilan, Malaysia. The project was commissioned in the beginning of June and spans an area of approximately 34 acres. It utilizes over 40,000 YGE Series multicrystalline modules that are estimated to generate approximately 13.6 million kWh of clean electricity per annum. The opening ceremony of the project was officiated by Tuanku Muhriz Tuanku Munawir, DYMM Yang Dipertuan Besar Negeri Sembilan Darul Khusus.
"We are pleased to have selected Yingli Green Energy as our module supplier for Malaysia's largest solar power plant. As the world's largest solar module manufacturer, Yingli provided us with the high-quality solar modules and after-sales support that we required for the project," said Encik Shahman Azman, Director of Amcorp Group Berhad."We're delighted to see that our products and services have fulfilled the requirements of Amcorp, an important partner of Yingli's," said Angie Koh, Business Development Direct of Yingli Singapore. "We are proud of our contributions to their pioneering project, and believe that through further cooperation with leading players such as Amcorp Power, we will continue to grow our footprint in promising Southeast Asia." About Yingli Green Energy Yingli Green Energy Holding Company Limited (NYSE: YGE), known as " Yingli Solar," is the world's largest photovoltaic module manufacturer in terms of production capacity and shipments. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 9,000 MW PV modules 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.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV