Yingli Green Energy Becomes the First PV Company Worldwide to Obtain Product Carbon Footprint Verification from TUV Rheinland Group
BAODING, China, Jan. 19, 2012 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced that it has accomplished the carbon footprint lifecycle assessment (the "Assessment") of its multi-crystalline and mono-crystalline PV modules. The Assessment was conducted according to the international carbon footprint standard PAS 2050:2011, a publicly available specification that provides a method for assessing the lifecycle greenhouse gas emissions of various goods and services. The Assessment was controlled and verified by TUV Rheinland Group ("TUV Rheinland"), a leading global services provider in the testing of PV modules and components. Yingli Green Energy is the first company in the global PV sector to obtain Product Carbon Footprint Verification from TUV Rheinland. According to the Assessment, the carbon dioxide emitted during the manufacturing phase is significantly less than that will be reduced during the 25-year usage phase.
"As a leading renewable energy company, Yingli Green Energy has long been committed to sustainable development and corporate social responsibility," said Mr. Jingfeng Xiong, Vice President of Yingli Green Energy. "We have gained a comprehensive understanding of the lifecycle emissions of our products, and remain dedicated to ensuring a low energy pay-back period for our modules. As a result, we plan to launch more carbon-neutral products in the future, optimize our energy management systems and keep improving energy efficiency within our manufacturing facilities. With today's Verification from TUV Rheinland, we are able to further support our customers and end users who care about carbon footprint reduction."
"We are pleased to have supported Yingli for the pioneer project in the global PV industry," said Mr. Ralf Scheller, CEO of TUV Rheinland Greater China. "We are also impressed by Yingli's strong commitments to corporate social responsibility, carbon emission reduction, environmental protection and sustainable development. With our expertise in carbon management and energy efficiency, TUV Rheinland looks forward to continuously working with Yingli to contribute to the global climate change issue."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited, 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 1.7 GW per year. In addition, Yingli Green Energy's in-house polysilicon plant, Fine Silicon, which has a designed annual production capacity of 3,000 metric tons, has started commercial operation in early August 2010. 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 11,000 employees and more than 10 subsidiaries and branch offices worldwide. Yingli Green Energy is publicly listed on the New York Stock Exchange (NYSE: YGE). For more information, please visit http://www.yinglisolar.com.
About TUV Rheinland Group
TUV Rheinland Group ("TUV Rheinland") is a leading group for the provision of technical services worldwide. It has 500 locations in 61 countries and regions worldwide. TUV Rheinland is over 140 years old and its headquarters are in Cologne, Germany. As the leading global service provider in the testing of Photovoltaic modules and components, TUV Rheinland tests and provides certification of about 70% of PV products worldwide. TUV Rheinland has many carbon management and energy efficiency experts worldwide, and provides services for global, well-known enterprises.
For further information, please contact:
Director, Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
In the Americas:
Head of Marketing Communications
Yingli Green Energy Americas
Tel: +1 603 5915812
Marketing Communications Manager
Yingli Green Energy Europe GmbH
Tel: +49 89 540303412
SOURCE Yingli Green Energy Holding Company Limited