Yingli Green Energy and GRID Alternatives Renew Long-Standing Partnership

Wed Feb 27, 2013 8:00am EST

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Nearly 1,200 Families and Thousands of Solar PV Job Trainees to Benefit from
Partnership by 2014
BAODING, China and  OAKLAND, Calif.,  Feb. 27, 2013  /PRNewswire/ -- Yingli
Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the
"Company"), a leading solar energy company that markets its products under the
brand "Yingli Solar," today announced that its U.S. subsidiary, Yingli Green
Energy Americas, Inc. ("Yingli Americas") has renewed its strategic partnership
with GRID Alternatives ("GRID"), a non-profit solar installer that brings
renewable energy to low-income communities.

(Logo:  http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg)
(Photo:  http://photos.prnewswire.com/prnh/20130227/CN67464)

Yingli Green Energy originally teamed up with GRID Alternatives in 2011, when it
became GRID's first and largest official solar module supplier. By the end of
this year Yingli Green Energy will have supplied almost 4 MW of donated and
fair-market value solar modules to GRID. The Partnership will help nearly 1,200
low-income families go solar across  California  and  Colorado, saving them an
estimated  $30 million  over the systems' lifetimes. In addition, by the end of
2014, thousands of solar job trainees will have accrued 150,000 hours of
hands-on experience installing PV projects using  Yingli Solar  modules.

Helena Kimball, Head of Marketing for Yingli Americas, said, "We first decided
to partner with GRID Alternatives because their mission so closely reflects our
own: to provide affordable green energy for all. We are proud to have already
given nearly 1,000 U.S. families the help they need to lower their utility bills
and to put those cost savings towards a better future. We commend GRID for their
dedication, their team, and their success - it's a fantastic partnership."

GRID Alternatives' mission is to empower communities in need by providing
renewable energy and energy efficiency services, equipment, and professional
training. Since 2004, more than 3,000 low-income families have received no- or
low-cost solar energy systems through GRID. While the non-profit organization's
efforts were initially focused on underserved communities in  California, GRID
was able to expand their operations to  Colorado  in 2012, thanks to the support
of partners such as Yingli Green Energy.

"As our first major manufacturer partner, Yingli has been an invaluable resource
to help us grow both geographically and in the number of families we've been
able to serve," said GRID Alternatives Co-Founder  Tim Sears. "We are thrilled
to have Yingli's continued partnership as we expand nationally."

"My husband had been out of work for 18 months," said  Valerie Paschell  of 
Crockett, California, one of the first low-income homeowners to receive a solar
energy system using  Yingli Solar  modules. "I knew I wouldn't have to worry
about the electricity bill. For us it's been quite a blessing."  

Yingli employees have also donated their time as volunteers on GRID projects. On
 Saturday, February 23rd, fifteen Yingli Green Energy employees from around the
globe helped install a 3.7 kW solar energy system on the Vance family's home in
the Bayview neighborhood of  San Francisco, California.

"Our employees volunteer their time and energy towards projects like GRID
Alternatives because we care deeply about social responsibility," said Mr. 
Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "We
truly believe that solar energy can dramatically improve the the lives of future
generations, and we hope that GRID's model inspires like-minded organizations
across the world to take action."

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,
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.

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 
Vice President of Corporate Communications 
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 
Tel: +1 603 5915812 
Email: helena.kimball@yingliamericas.com

In Europe:

Rebecca Jarschel 
Marketing Communications Manager 
Yingli Green Energy Europe GmbH 
Tel.: +4989540303412 
Email: rebecca.jarschel@ygee.eu

SOURCE  Yingli Green Energy Holding Company Limited

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