January 5, 2009

Baoding, China: Yingli Green Energy Signs Sales Contract with GOLDBECK Solar

Yingli Green Energy has entered into a sales contract with GOLDBECK Solar GmbH, a leading German PV system specialist company for PV applications on industrial buildings.

Under the terms of the contract, Yingli Green Energy is expected to supply a minimum of 15 MW of PV modules to GOLDBECK Solar in 2009. In addition, the contract provides a framework for GOLDBECK Solar to purchase up to an additional 58 MW of PV modules from Yingli Green Energy in 2009.

"We are pleased to have Yingli as one of our key suppliers," said Joachim Goldbeck, General Manager of GOLDBECK Solar. "We aim to provide our customers maximum value with our products and services. Cooperating with top tier suppliers like Yingli is one of our principal strategies for achieving these goals in order to secure customers on a long-term basis."

"We look forward to working closely with GOLDBECK Solar in 2009," commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "Given the cost advantage and quality control capability of our vertically integrated business model, we can provide reliable and high quality products at a reasonable and competitive price, in line with our strategy to continually enhance the value that we provide to our customers. We believe this will lead to a broader and deeper penetration of our products and brand awareness worldwide."

Further details about: Yingli Green Energy and GOLDBECK Solar GmbH