Yingli Green Energy to Power FC Bayern Munich with Renewable Energy
August 19, 2014 (Source: PRNewswire) — 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 it has installed a solar power system on the roof of FC Bayern Munich’s training facility on Sabener StraBe. The Yingli Solar power system has a capacity of 29.2 kWp and will produce more than 31,000 kWh of clean electricity each year. With the new system, the football club now is able to generate their own renewable energy which has a positive impact on the environment by reducing 21,000 kg of harmful CO2 emissions annually.
“We are so proud that FC Bayern Munich will now be ‘Powered by Yingli’. At FC Bayern Munich, we not only live up to our social responsibility but also commit to a sustainable economy,” said Karl-Heinz Rummenigge, Executive Board Chairman of FC Bayern München AG. “As our renewable partner, Yingli has supplied their PV modules to help FC Bayern Munich become one of the greenest clubs. We are very happy to have Yingli as part of the FC Bayern Munich family. We both share a passion for football and place great value on the environment, our cultures and traditions.”
“Yingli is thrilled with the results of our partnership to date. We have had several successful years with great joint projects since 2011,” said Darren Thompson, Managing Director of Yingli Green Energy International AG, a wholly-owned subsidiary of Yingli Green Energy. “The fact that FC Bayern Munich decided in favor of a Yingli Solar power system makes us proud and demonstrates once more what an excellent fit we are for the club when it comes to sustainability.”
In future, the Visitor’s Center on Sabener StraBe will have an electronic display indicating how much renewable energy the solar modules have generated and how much CO2 could be saved.
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.
About FC Bayern Munich
FC Bayern Munich is the most successful football club in Germany and one of the most successful football clubs in Europe, having won 22 German titles and 15 cups. The club was founded in 1900. FC Bayern Munich is by far the most successful team in German football, they won the Champions League, the UEFA Supercup and the FIFA Club World Cup in 2013 as last international titles. Since the beginning of the season 2005-06, FC Bayern Munich plays its home games in the Allianz Arena. The team colors are red and white.
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Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>