System to be one of the largest installed on a rented rooftop
BAODING, China and TOKYO, Aug. 21, 2014 -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), the largest vertically integrated photovoltaic ("PV") module manufacturer in the world, known as "Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Green Energy Japan Corporation, Ltd. (Yingli Japan), is supplying more than 2 MWs of monocrystalline PV modules to Japan Benex Corporation. The modules will be used on the Benex Nagareyama Solar Port, which will be one of the largest solar projects on a rented rooftop in Japan upon completion.
According to the agreement between Yingli Japan and Japan Benex Corporation, Yingli will deliver more than 8,000 monocrystalline PANDA series modules for the project by the end of August 2014. Located in Nagareyama City, Chiba Prefecture, the project will be connected to the grid in October 2014. Upon completion, it will generate approximately 2,150,000 kWh of clean electricity annually. Installing solar energy systems on rented rooftops is an emerging trend in the Japanese solar market due to limited land availability.
"We are pleased to install Yingli's PV modules on the Benex Nagareyama Solar Port," said Mr Yohei Kobayashi, Executive Vice President of Japan Benex Corporation. "Since the project's space is limited by a small roof, our success depended on selecting a highly efficient module. Yingli's PANDA series is most appropriate for the project, with its high output and high quality."
"We're pleased to partner with Japan Benex Corporation once more," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "By leveraging our strong track record of success with long-term partners such as Japan Benex Corporation, we expect to see more opportunities in Japan's rooftop solar market."
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), known as "Yingli Solar," is the world's largest photovoltaic module manufacturer in terms of production capacity and shipments. Yingli Green Energy's manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 10,000 MW of PV modules to customers worldwide. For more information, please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.
About Japan Benex Corporation
Japan Benex Corporation is an experienced manufacturer of electrical and electronic devices, and industrial equipment based on its high-precision sheet metal processing technology. The corporation was formed in 1957. Japan Benex entered the PV market in 2012 as an independent power producer, and then started to provide engineering, procurement, and construction services for industrial PV systems. Japan Benex differentiates itself by producing enclosures for inverters and AC collector boxes based on our technical expertise as the manufacturer. For more information, please visit www.japan-benex.co.jp