Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading solar panel manufacturers, known as “Yingli Solar,” today announced that it reached more than 13 gigawatts (GW) of cumulative global solar panel deliveries by the end of the first quarter of 2015.
The Company’s global fleet can now produce approximately 16 billion kilowatt-hours (kWh) of clean solar electricity each year, which is almost enough energy to meet the city of Beijing’s residential power consumption in 2014. In total, the energy produced by all deployed Yingli Solar panels can offset nearly 9 million tons of carbon emissions each year, which is equivalent to taking about 1.7 million cars off the road.
“We are incredibly proud of reaching this historic milestone, which is a testament to both our innovative, high quality solar products and to our dedicated pursuit of Yingli’s mission to bring green energy to all,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “Together with our partners, we have made solar power — and the significant environmental and economic benefits it provides — accessible to communities in nearly every corner of the world.”
Yingli Green Energy Holding Company Limited (NYSE: 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 13 GW solar panels to customers worldwide.