April 3, 2008

Baoding, China: Yingli Green Energy Awarded Two Korean Solar Module Orders

Yingli Green Energy has signed sales contracts with two Korean companies: Korea Electric Power Industrial Development Corporation (“KEPID”) , a renewable energy company, and Kaycom Corporation (“Kaycom”), a distributor of electronic components and PV devices.

Under the terms of the contracts, Yingli Green Energy will deliver 1.3 MW of PV modules to KEPID by the end of April 2008 and 2.0 MW of PV modules to Kaycom by the end of May 2008. The PV modules to be provided by the Company under these contracts will be installed in KEPID’s planned 1.8MW project in Naju, Jeon la nam-Do, Korea and Kaycom’s Daelim Hae - Nam Project in Haenam-Gun, Jeon la nam-Do, Korea.

“Following successful achievements in Spain and Germany, I am pleased to announce these contracts with KEPID and Kaycom, which mark our first step in Korea’s growing solar market,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “Korea is expected to play an increasingly important role in the development of the alternative energy industry, especially due to its favorable feed-in-tariff policy. We believe that cooperating with KEPID and Kaycom will help us strengthen our global strategic development by establishing a presence in the Korean market.”

Further details about: Yingli Green Energy