Yingli Green Energy Aiming to Leave a Sunny Legacy in Africa

Monday, Jun 28, 2010

JOHANNESBURG, South Africa, June 28 /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 holds the brand "Yingli Solar," today announced that it will provide its expertise in solar energy to power "20 Centres for 2010", the official campaign of the 2010 FIFA World Cup South Africa(TM). This campaign is part of the Football for Hope movement, which is using the power of the game for positive social change. It is led by FIFA, world's football governing body, and streetfootballworld, a social profit organisation that links relevant actors in the field of development through football, and their affiliates such as Yingli Green Energy.

Yingli Green Energy will actively support the campaign by providing solar power to training centres across Africa. Yingli Solar calls this "Football for Hope. Energy for Hope." The company will supply the centres with solar installations that will, for instance, power pitch lighting, computers or study rooms in those centres. Of the 20 centres, five are being built in South Africa and 15 in other African countries. The first six centres to be built are located in South Africa, Kenya, Rwanda, Mali, Namibia and Ghana.

Yingli Green Energy is hosting a "Football for Hope. Energy for Hope." press conference on 30 June in Johannesburg, South Africa in cooperation with FIFA. Federico Addiechi, Head of FIFA's Corporate Social Responsibility Division, and Yingli Green Energy's senior management will present and hold one-on-one interviews at the press conference. Furthermore, the company will also showcase the wide range of solar applications which it plans to contribute to those centres based upon each centre's specific needs.

"The FIFA World Cup(TM) offers an ideal opportunity for Yingli Solar to be involved with Football for Hope and to support the '20 Centres for 2010' project with highly desired solar power," Liansheng Miao, chairman and chief executive officer of Yingli Green Energy, commented. "Social responsibility is an important pillar of Yingli Green Energy's core values. We are engaged in a variety of community-focused projects around the world - aiming to make solar power a sustainable and cost-effective energy for the world."

Federico Addiechi, FIFA's Head of Corporate Social Responsibility, said: "We are extremely pleased that Yingli Solar is not only a sponsor of the 2010 FIFA World Cup(TM), but also a strong supporter of the Football for Hope movement and, in particular, of '20 Centres for 2010' by offering its expertise in renewable energy. We want to commend Yingli Solar on their commitment to helping us build a better future, which is a fundamental pillar of our organisation. This is truly the beginning of a sunny legacy in Africa."

All members of the press are cordially invited to join the press conference in Johannesburg, South Africa on 30 June. Please contact us for more details.

Source: PR Newswire