Yingli Green Energy joins WWF's Climate Savers program
Wednesday, Jan 30, 2013
BAODING, China, Jan. 29, 2013 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company") is 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". In a statement released jointly with World Wide Fund for Nature ("WWF"), the Company today announced that it had become the first Chinese company and the first PV manufacturer to join the Climate Savers program initiated by WWF.
Climate Savers is a global leadership platform which positions multinational corporations at the forefront of the low-carbon economy. The member companies set sector-leading targets for greenhouse gas ("GHG") reduction in their own emissions and work with other companies, suppliers and partners to implement innovative solutions for a clean, low carbon economy. Initiated by WWF in 1999, the Climate Savers program now counts 30 member companies, including Johnson & Johnson, IBM, Nike, Hewlett Packard, The Collins Companies, Xanterra Parks and Resorts, Sagawa, Sony, Tetra Pak, Lafarge, Catalyst, Novo Nordisk, and Nokia Siemens Networks. All of these companies have pledged to reduce their GHG emissions considerably.
By the end of 2012, Yingli Green Energy has provided nearly 6,000 MW of high-quality PV modules to customers worldwide, powering approximately 800,000 households with green electricity every year. Compared with conventional thermal power generation, these modules can reduce approximately 200 million tons of GHG emissions during the 25-year life cycle.
"The Climate Savers program is a very exclusive club," said Peter Beaudoin, CEO of WWF-China. "Only companies agreeing to be industry leaders in cutting CO2 emissions and supporting growth of clean, renewable energy are accepted as members. China has global manufacturing leaders, is beginning to have global innovation leaders, and now is beginning to have global leaders in the fight against climate change as well."
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, from 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, Japan 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.
SOURCE Yingli Green Energy Holding Company Limited