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TheStreet Open House

Yingli Green Energy To Supply 66 MWp Of PV Modules To Push Energy For Four Large-scale Projects In The United Kingdom

BAODING, China, Aug. 27, 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 it has partnered with renewable energy developer Push Energy Ltd. ("Push Energy") to supply Yingli Solar's multicyrstalline modules for four large-scale PV power plants in the United Kingdom ("U.K.").

(Photo: http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg )

The four sites will collectively have a clean, renewable electricity capacity of up to 66 MWp and will be located in East Anglia, U.K. The projects will be completed by February 2015. Push Energy works with landowners, local stakeholders, planners and the power networks to supply renewable, green power into the grid for local use. The company has a strong background in farming and conservation management and selects sites that have minimum visual impact with appropriate landscaping.  

"Solar PV farms have an important role to play in the U.K.'s long-term energy security. Working with strong partners such as Yingli Green Energy is critical to our vision for the future. The company has provided invaluable support and hands-on practical advice which has allowed us to complete all projects to a very tight time schedule," said Mr. Jason Wallis, Finance Director of Push Energy.

"We are thrilled to work with Push Energy in Europe's largest and most promising solar market to date," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We are committed to working with well-established companies with a solid project pipeline such as Push Energy. It also supports our long-term commitment to the U.K. market where we see sustainable growth potential in the coming years."

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 of PV modules to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

About Push Energy

Push Energy is a renewable energy developer currently specializing in rural solar farming. The team of experts will control the site selection, plant development and provision of operational and maintenance support for the 25 year life of the project, ensuring that plants are maintained to optimize both energy generation and environmental benefit of the site.

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