Yingli Green Energy to Supply 288 MW of PV Modules to Golden Sun Program

   Yingli Green Energy to Supply 288 MW of PV Modules to Golden Sun Program

PR Newswire

BAODING, China, Dec. 11, 2012

BAODING, China, Dec. 11, 2012 /PRNewswire/ -- 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 the Company is expected to supply
approximately 288 MW of modules to PV projects announced under the Golden Sun
Program (the "Program").

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

China's Ministry of Finance, Ministry of Science and Technology and National
Energy Administration jointly announced today that a total amount of 2,835 MW
PV projects were approved under the Program, to which the Company is expected
to supply 10% of the PV modules. Since 2009, the Company has in aggregate
supplied modules to approximately one fourth of the PV projects under the
Program.

"As a world's leading solar company with roots in China, we have been
committed to developing our domestic market and have obtained a solid market
position and a leading market share," commented Mr. Liansheng Miao, Chairman
and Chief Executive Officer of Yingli Green Energy. "The acceleration of the
Golden Sun Program and the announcements of other incentive policies have
clearly demonstrated China's strong determination of promoting solar
applications. With these policies in place, we believe that the China PV
market will achieve a faster and healthier growth. We'll continue to enhance
our business activities in China and power more families and businesses with
our high quality products."

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. In August 2012, Yingli Green
Energy reached a balanced vertically integrated production capacity of 2,450
MW per year at its production facilities located in Baoding, Haikou, Tianjin
and Hengshui, respectively. 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.

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:

InChina:

Qing Miao
Vice President of Corporate Communications
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
Email:ir@yinglisolar.com

In theAmericas:

Helena Kimball
Head of Marketing
Yingli Green Energy Americas
Tel: +1 603 5915812
Email:helena.kimball@yingliamericas.com

InEurope:
Rebecca Jarschel
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel.: +49 895 40303412
Email:rebecca.jarschel@ygee.eu

SOURCE Yingli Green Energy Holding Company Limited

Website: http://www.yinglisolar.com
Website: http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg
 
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