Yingli Leads the Development of the First Clean Production Evaluation System for China's PV Industry

BAODING, China, Nov. 22, 2016 /PRNewswire/ -- Yingli Green Energy Holding Company Ltd. today announced that The Clean Production Evaluation Index System for PV Cells (the "System") was recently officially released by the National Development and Reform Commission ("NDRC"), Ministry of Environmental Protection, and the Ministry of Industry and Information Technology ("MIIT"). The System was jointly developed by China National Institute of Standardization ("CNIS"), Yingli, World Wide Fund for Nature ("WWF"), and other leading China's PV companies. The establishment of the System was one of the commitments made by Yingli, as the first Chinese company and the first solar PV manufacturer, when joining the WWF Climate Savers Program in 2013.

CNIS, Yingli, WWF and other leading PV companies, in order to promote clean production in China's PV industry, began developing the System in September 2013. Based on the extensive experience in clean production technology and practices at Yingli and other tier one solar PV companies, the participants researched and reviewed current practices, and finalized the System design in June 2016.

As the first evaluation system of China's solar PV industry, the System establishes comprehensive evaluation indexes on the production of solar PV cells including the production process, equipment used, energy consumption, comprehensive utilization of resources, pollution emissions, product features, and clean production management. The System is a significant step forward for the promotion of clean production amongst China's solar PV cell manufacturers and will support improved energy conservation, pollution prevention, sustainable development, and lead to a more environmentally friendly Chinese solar PV industry.

"Technical standards are one of the most important measures to promote supply-side structural reform, optimize industrial restructuring, and enhance the capability of independent innovation," said, Mr. Wang Bohua, Secretary General of China Photovoltaic Industry Association. "The establishment of the System could help China's solar PV cell manufactures to promote cleaner production, improve energy conservation and reductions in emissions. The System is crucial for the sustainable development of China's solar PV cell production and the construction of an environmentally friendly society."

"The official release of this evaluation index system is a very good example to demonstrate how business can drive changes for the solar PV industry to be greener," said Ms. Chen Xin, Co-Acting Director of Climate & Energy Program of WWF China. "As one of the goals of the Climate Savers Program, WWF is committed to promoting more industrial leaders to participate in climate and energy issues to positively influence the markets, industries, and policies through their technical expertise and innovation."

"The establishment of the System is essential for the Chinese solar PV industry to transition into a greener economy and be stronger," said Mr. Gao Dongfeng, Director of the Branch of Resource and Environment of CNIS. "We hope that China's solar PV industry could take this opportunity to accelerate technical innovation in order to strengthen itself and lead the advancement of clean production worldwide."

"The System has set up a series of world leading indicators for the production of solar PV cells. Once achieved, it can help China's solar PV cell manufacturers reduce their energy consumption by approximately 20%, cut the emissions of nitrogen oxide and chemical oxygen demand both by 14%, which leads to a significant reduction of solar PV panel's energy recovery period from 1.17 year to 1 year or nearly 15%," said Mr. Song Dengyuan, Chief Technology Officer of Yingli. "It will make the solar PV industry greener and promote the concept of clean production throughout the industry."

About Yingli

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli" or "Yingli Solar", is one of the world's leading solar panel manufacturers. Yingli'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 has more than 30 regional subsidiaries and branch offices and has distributed more than 17GW solar panels to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

WWF Climate Savers Program

Climate Savers is a global program that positions companies as leaders of the low-carbon economy. Member companies take on two commitments: To become the best in reducing greenhouse gas emissions; And to influence market or policy developments by promoting their vision, solutions and achievements. Up till 2015, 30 globally well-known corporations have joined the program, such as Yingli, HP, Johnson & Johnson, Volvo Group, Coca-Cola, and Vanke.

About Branch of Resource and Environment CNIS

The Branch of Resource and Environment of China National Institute of Standardization is committed to the resource and environment standardization researches and the provision of policy research and technical services for energy conservation and emission reduction. Its major tasks involve the standardization concerning energy saving, low carbon, resources recycling, environmental protection industry, water conservation, and renewable energies and so on, leading the drafting of the general formulation principles of assessment indicator system of cleaner production and so on more than 300 national standards; the operation of the secretariats of the national technical committees, Administration Center of China Energy Label, Management office for National Subsidy Program for End-use Products and Management office for R&D Project of 100 Energy Efficiency Standards, the operation of the secretariats of China Alliance of Green Product Promotion and China Alliance of Green Design and Manufacturing Industry Innovation; and the construction and operation of the Engineering Laboratory of AQSIQ for Energy Efficiency and Water Efficiency, taking charge energy efficiency testing of energy-using products and water efficiency testing of water-using products. After 30 years of development, the Branch of Resource and Environment has established itself as a comprehensive resource and environment standardization research and development base incorporating standardization research, testing, management, consulting and services. It has been providing a full range of standardization support and services for the sustainable development of China, and will continue to build a resource-conserving and environment-friendly society, promote the development of circular economy to make a positive contribution in the future.

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:

Eric Pan
Investor Relations
Yingli Green Energy Holding Company Limited
Tel: +86 312 8929787
E-mail: ir@yingli.com

Yue YAO
Project Communication Officer
World Wide Fund for Nature (China)
Tel: +86 10 68093661
E-mail: yyao@wwfchina.org

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/yingli-leads-the-development-of-the-first-clean-production-evaluation-system-for-chinas-pv-industry-300367833.html

SOURCE Yingli Green Energy Holding Company Limited

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.