Yingli Green Energy's Multicrystalline PV Modules Excel in Intertek's Potential Induced Degradation Test
Yingli Green Energy's Multicrystalline PV Modules Excel in Intertek's
Potential Induced Degradation Test
PR Newswire
BAODING, China, Aug. 20, 2012
BAODING, China, Aug. 20, 2012 /PRNewswire-Asia-FirstCall/ -- Yingli Green
Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the
"Company"), a leading solar energy company and one of the world's largest
vertically integrated photovoltaic manufacturers, which markets its products
under the brand "Yingli Solar", today announced that its multicrystalline PV
modules successfully passed the Potential Induced Degradation (PID) test
conducted by Intertek Group plc ("Intertek"). This test was conducted to
assess power output of the Company's multicrystalline PV modules under severe
conditions of high voltage, high temperature and high humidity. According to
the test results, Yingli Solar modules ranked at the top of the class.
Intertek is a leading provider of quality and safety solutions across a wide
range of industries worldwide. The PID test was conducted under stringent
conditions of 85 degrees Celsius, 85% relative humidity, and 1,000 volts of
system voltage bias for a duration of 48 hours. The test results showed that
the power degradation of Yingli Solar modules was lower than 1%. Intertek
further tested Yingli Solar modules for a duration of 96 hours, and found that
the modules were still below the 1% degradation level.
"We are very glad to see the outstanding performance of our modules on the PID
test conducted by Intertek," said Mr. Liansheng Miao, Chairman and Chief
Executive Officer of Yingli Green Energy. "The test results highlight the high
quality of our products, which has been our firm commitment to customers. We
expect this excellent PID test result to further strengthen customers'
confidence in our products and enhance our leadership position in the solar
industry."
"More and more PV manufacturers are pursuing better product quality and
performance, and Yingli Green Energy is highly committed in this regard," said
Frank Pan, President of Intertek Commercial & Electrical Asia Pacific.
"Intertek plays an important role by utilizing its expertise and experience in
helping PV manufacturers to enhance their product quality and sharpen their
competitive edges."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), which markets its
products under the brand "Yingli Solar," is a leading solar energy company and
one of the world's largest vertically integrated photovoltaic manufacturers.
Yingli Green Energy's manufacturing covers the entire photovoltaic value
chain, from the production of polysilicon through ingot casting and wafering,
to solar cell production and module assembly. Currently, Yingli Green Energy
maintains a balanced vertically integrated production capacity of 1,850 MW per
year. Capacity expansion projects of an additional 600 MW in total are under
construction in Baoding, Haikou, Tianjin and Hengshui, which are expected to
increase the Company's total nameplate production capacity to 2,450 MW by the
end of 2012. Yingli Green Energy distributes its photovoltaic modules to a
wide range of markets, including Germany, Spain, Italy, Greece, France, South
Korea, China and the United States. Headquartered in Baoding, China, Yingli
Green Energy has more than 20 subsidiaries and branch offices worldwide.
Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE:
YGE). For more information, please visit www.yinglisolar.com.
About Intertek
Intertek is a leading provider of quality and safety solutions serving a wide
range of industries around the world. Intertek has the experience, expertise,
resources and global reach to support its customers through its extensive
network of 1,000 laboratories and offices and over 33,000 people in more than
100 countries around the world. The Commercial & Electrical division of
Intertek provides product testing and certification services, including safety
testing and certification, electromagnetic compatibility (EMC) testing, and
performance testing. For more information, please visit: www.intertek.com.
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:
In China:
Qing Miao
Director of Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86-312-8929787
Email: ir@yinglisolar.com
In the Americas:
Helena Kimball
Head of Marketing
Yingli Green Energy Americas Inc.
Tel: +1-603-5915812
Email:
helena.kimball@yingliamericas.com
In Europe:
Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel: +49-89-540303412
Email: rebecca.jarschel@ygee.eu
SOURCE Yingli Green Energy Holding Company Limited
Website: http://www.yinglisolar.com
Website: http://www.intertek.com
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