Yingli Renews Panel Supply Agreement with Vivint Solar

BAODING, China, and SAN FRANCISCO, June 2, 2015 /PRNewswire/ -- Yingli Green Energy Holding Company Limited ("Yingli") (NYSE: YGE)*, one of the world's leading solar panel manufacturers, today announced that its wholly owned subsidiary, Yingli Green Energy Americas ("Yingli Americas"), has been chosen again as a Preferred Supplier to Vivint Solar (NYSE: VSLR) in 2015.

"We, as Vivint Solar, are excited to continue our relationship with Yingli," said Jan Newman, Vice President of Business Development at Vivint Solar. "Yingli provides great products and has been a beneficial supplier to Vivint Solar this past year and we are glad to continue working with them moving forward."

"With the U.S. residential solar market poised to reach nearly 3 gigawatts by the end of 2016, we are thrilled to expand our partnership with Vivint Solar, one of the nation's top home solar companies," commented Mr. Robert Petrina, Managing Director of Yingli Americas. "We value our true partnership with Vivint and their dedicated team. Through this renewed supply agreement, we are helping to drive job creation in the flourishing American solar marketplace, as well as solidifying Yingli's position as a leading PV supplier."

About Vivint Solar

Vivint Solar is a leading provider of distributed solar energy -- electricity generated by a solar energy system installed at a customer's location -- to residential customers in the United States. Vivint Solar's customers pay little to no money upfront, receive significant savings relative to utility generated electricity and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, designs, installs, monitors and services the solar energy systems to make things easy for its customers. For more information, visit www.vivintsolar.com or follow @VivintSolar.

About Yingli Green Energy

Yingli 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 13 GW solar panels to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.

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's control, which may cause Yingli'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's filings with the U.S. Securities and Exchange Commission. Yingli 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 ChinaQing MiaoVice President of Corporate Communications Yingli Green Energy Holding Company Limited Tel: +86 312 8929787 E-mail: [email protected]

In the Americas:Tori CliffordDirector of Marketing Yingli Green Energy Americas Inc.Tel: +1 415 728 0472Email: [email protected]  

In Europe:Carolin StahlerMarketing Communications Manager EuropeYingli Green Energy Europe GmbHEmail: [email protected]  

SOURCE Yingli Green Energy Holding Company Limited