BAODING, China and SINGAPORE, Aug. 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"), has donated a 3 kilowatt (kW) off-grid solar power system to a school in Laos that had no prior access to electricity.
The project resulted from Yingli's collaboration with Earthlinks, an environmental club from Nanyang Technological University ("Earthlinks NTU"); the Young Men's Christian Association of Singapore ("YMCA Singapore"), a volunteer community service organization; and Rezeca Renewables, a leading system integrator in Singapore. MyLaoHome Hotels & Villas Co. Ltd, a local community partner, also assisted with project coordination and logistics. Located in Ban Lad Khammune, which is four hours from the city of Luang Prabang by boat, the school serves over 100 primary and secondary students from seven nearby villages. The official commissioning of the project took place on June 25 th, 2014.
The off-grid solar energy system powers LED lighting for night classes, which the school implemented to meet increased demand as its student body grows. To improve students' learning environment, electric fans were installed that provide classrooms with much-needed ventilation in Laos' hot climate. The electricity produced by the system will also be used to power projectors, audio-visual systems, and related equipment to enhance the school's educational program.
With guidance from Yingli Solar and Rezeca Renewables, twenty Earthlinks NTU student volunteers planned the wiring of the school, which provided them with a valuable opportunity to apply knowledge and skills gained in the classroom to solve practical, real-life problems. NTU Earthlinks volunteers also conducted an English language and Environmental Awareness Program for the local students that used interactive activities such as drama, songs and games, and also installed the lights and fans at the school."We are honored to be part of this initiative and to see that our products and services are contributing positively to the community," said Angie Koh, Business Development Director of Yingli Singapore. "This project powerfully exemplifies how renewable, sustainable energy can improve the lives of rural communities, and is reflective of Yingli's larger efforts to improve the lives of people around the world with affordable green energy. By partnering with NGOs and environmental organizations, Yingli can make a more significant impact with its community work in South East 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 10,000 MW PV of 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.
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