Yingli Green Energy Wins Bid to Supply 1.5 MW Of PV Modules to China Mobile

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic product manufacturers, today announced that its principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., has won a bid to supply approximately 1.5MW of PV modules to China Mobile Communications Corp. (“China Mobile”), the largest mobile phone operator in China. The bid accounted for over 31% of China Mobile’s total recent PV module procurement. Tianwei Yingli expects to enter into a definitive supply contract with China Mobile in late October or early November 2008.

“We are pleased that China Mobile selected Tianwei Yingli as one of its major PV module suppliers,” said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “We believe our top quality products, well regarded brand name and solid track record were important factors that helped differentiate us from our competition. We have been working with China Mobile since 2002 when we helped them build some stand-alone solar power base stations in western China. Over the years, we have developed a productive working relationship and we look forward to further deepening it in the future.”

Yingli Green Energy Holding Company Limited is one of the world’s leading vertically integrated PV product manufacturers. Through the Company’s principal operating subsidiary in China, Baoding Tianwei Yingli New Energy Resources Co., Ltd., Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis. With 400 MW of total annual production capacity in each of polysilicon ingots and wafers, PV cells and PV modules, Yingli Green Energy is currently one of the largest manufacturers of PV products in the world as measured by annual production capacity. Additionally, Yingli Green Energy is one of a limited number of large-scale PV companies in the world to have adopted a vertically integrated business model. Through its wholly owned subsidiary Yingli Energy (China) Co., Ltd., Yingli Green Energy currently plans to expand annual production capacity of polysilicon ingots and wafers, PV cells and PV modules to 600 MW by mid-2009. Yingli Green Energy sells PV modules under its own brand name, Yingli Solar, to PV system integrators and distributors located in various markets around the world, including Germany, Spain, Italy, South Korea, Belgium, France, China and the United States. For more information, please visit www.yinglisolar.com.