BAODING, China, Nov. 30, 2015 /PRNewswire/ -- Yingli Green Energy Holding Company Ltd. ("Yingli" or "Yingli Solar") (YGE), one of the world's leading solar panel manufacturers, today announced that its wholly owned subsidiary, Yingli Green Energy Europe GmbH ("Yingli Europe") and R.Power Sp. z o.o. ("R.Power"), a leading Polish renewable energy project developer formerly known as AMB ENERGIA, have agreed to expand their joint project development pipeline in Poland from 30 to 60 megawatts ("MW").
Yingli Green Energy Holding Company Limited (YGE), known as "Yingli Solar," is one of the world's leading solar panel manufacturers. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 14 GW solar panels to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.
About R.Power
R. Power Sp. z o.o. is one of the pioneers in the field of photovoltaics in Poland and today it is a leading player in the development of PV project portfolio, consisting of over 150 sites. Reaching ready-to-build status for several projects has helped the company gain unique experience in the development of complex solar energy projects. Additionally R.Power sp. z o.o. prides itself on being the operator and owner of the biggest privately owned solar farm in Poland -- the Podlasie Solar Park, which comprises of 4 PV plants located in north-east Poland (Kolno, Jedwabne, Lipsk, Zagroby) with a total capacity of nearly 4 MWp.
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
E-mail: ir@yingli.com
In the Americas:
Tori CliffordDirector of Marketing
Yingli Green Energy Americas Inc.
Tel: +1 415 728 0472
Email: tori.clifford@yingliamericas.com
In Europe:
Carolin StahlerMarketing Communications Manager Europe
Yingli Green Energy Europe GmbH
Email: pr.eu@yingli.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/yingli-and-rpower-expand-joint-project-pipeline-in-poland-to-60-mw-300185159.html