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Yingli Green Energy Becomes the First China-Based Company to Join PV CYCLE

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BAODING, China, May 11 /PRNewswire-Asia-FirstCall/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) (''Yingli Green Energy'' or ''the Company''), one of the world's leading vertically integrated photovoltaic (''PV'') product manufacturers, today announced that it has become the first China-based company and the 40th member to join PV CYCLE, an organization based in Brussels, Belgium that promotes voluntary take-back and recycling of end-of-life PV modules. As a member, Yingli Green Energy will participate in PV CYCLE working groups whose aim is to define collection and recycling targets for the PV industry, develop voluntary agreements among members and hone PV CYCLE's business model and outreach strategy.''As one of the world's leading vertically integrated photovoltaic product manufacturers, Yingli Green Energy is committed to helping lead the search for a truly sustainable energy solution to reduce life-cycle energy consumption and the environmental impacts associated with PV production. Our membership to PV CYCLE will substantiate our commitment to customers, authorities and stakeholders, while allowing us to join a global team of industry leaders that are similarly committed to preventing climate change tomorrow,'' said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.''We are honored that Yingli Green Energy has become the first China-based PV manufacturer to join our organization. We hope Yingli Green Energy's commitment to reducing the environmental impact of PV production will encourage other Asian manufacturers to take steps towards developing a sustainable PV solar industry,'' said Jan Clyncke, Managing Director of PV CYCLE. ''PV modules are designed to generate clean, renewable energy that can last for more than 25 years. The first significant installations took place in the early 1990s, and full-scale end-of-life recycling is still another 10 to 15 years away. It is with this in mind that we aim to bring industry leaders together to devise solutions that will have the maximum impact when the time comes.''The PV CYCLE membership, which began on April 29, 2009, represents another step forward in Yingli Green Energy's commitment to developing sustainable energy solutions throughout all stages of the PV value chain. In addition to module recycling, Yingli Green Energy has also developed award-winning water treatment procedures which have received ISO 14000 and 14001 certification.About Yingli Green EnergyYingli Green Energy Holding Company Limited is one of the world's leading vertically integrated PV product manufacturers. Through Baoding Tianwei Yingli New Energy Resources Co., Ltd., an operating subsidiary of the Company, 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 in the third quarter of 2009. The Company, through Fine Silicon Co., Ltd., its wholly owned subsidiary, also plans to begin production of solar-grade polysilicon in the second half of 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. About PV CYCLEPV CYCLE was founded in 2007 with the specific purpose of implementing the photovoltaic industry's commitment to set up a voluntary take-back and recycling program for end-of-life waste PV modules. To produce green and renewable energy, end-of-life modules need to be recovered and recycled. This will minimize waste and allow the re-use of valuable raw materials to produce new modules. The members of PV CYCLE are in the final stages of developing the scheme and aim to present it to the European Commission by spring 2009 for formal acknowledgement. By closing the life cycle of photovoltaic modules, industry players take their responsibility and are ''Making the photovoltaic industry Double Green.''Safe Harbor StatementThis press release contains forward-looking statements. These statements constitute ''forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ''will,'' ''expects,'' ''anticipates,'' ''future,'' ''intends,'' ''plans,'' ''believes,'' ''estimates'' and similar statements. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yingli Green Energy's control, which may cause Yingli Green Energy's actual results, performance or achievements to differ materially from those in the forward- looking statements. Further information regarding these and other risks, uncertainties or factors is included in Yingli Green Energy's filings with the U.S. Securities and Exchange Commission. Yingli Green Energy does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
 

Efforts Made to Ensure Safe Water

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42-year-old Wang Jianniu turns the tap off in his yard on Saturday, March 14, 2009. All the residents in Qiancheng Village, Zhongmu County, in central Henan Province have used clean tap water as a result of the county's large-scale 'safe drinking water' program. [Photo: CRIENGLISH.com]

To have clean and cheap drinking water was once a long-term dream for many residents living in Zhongmu County in central Henan Province, that is, before a water supply project started in 2006.

When turning the tap off in his yard, 42-year-old villager Wang Jianniu says he will never forget the filthy water his family lived with for decades.

"The water was yellow and had a terrible taste. We could even sometimes see small particles in the water we took from the wells. But now the tap water is clean and tastes really good, sweet and cool."

Wang's family, along with many other households in Qiancheng Village, began using the clean tap water two years ago as a result of the county's large-scale 'safe drinking water' program.

The initiative started in 2005 with the aim of constructing a county-wide network within five years to supply clean water to over 200 thousand residents throughout its 180 villages.

Zhu Dalin, the vice director of the county's water conservancy department, says the project has helped more than 120 thousand people get rid of saline in the water since 2008, while the remaining 80,000 will be able to drink clean tap water within two years.

The Zhongmu County, with a population of about 700,000, is located near the southern bank of the Yellow River, the second longest river in China, and just some dozens of kilometres east of Zhengzhou, the capital of Henan Province.

Zhu said although the Yellow River brings abundant water resources to the county, the shallow underground water there was severely contaminated in the past.
 
"Due to the county's special position, the shallow underground water there was heavily polluted by both the sewage from Zhengzhou City and the water from the Yellow River which contained many impurities."
 
Excessive fluorine was also found in the county's shallow underground water that further threatened the health of the local people, who are not able to drill deep wells by themselves, Zhu added.

In order to avoid fluorine poisoning through drinking the water, the local government has decided to build ten water plants over the next few years which can pump up and purify the deep underground water.

"Four water treatment plants have been built with a daily water supply capacity of 10,000 tons each. 100 thousand residents have used the purified water that will cover the whole county when they are completed."

The water treatment plants are controlled by computers and the operation of one plant requires less than 20 workers, Zhu said, adding the only task of the workers is to monitor whether the system is working normally.

Besides the health benefits and convenience of using this water, local residents are also satisfied with the acceptable price which is less than 0.8 yuan (about 11.4 US cents) per tonnage.

Wang Shuming, also from Qiancheng Village, has three family members. He says his family usually spends less than 20 yuan on water per month, although they wash clothes and take showers at home often.

Wang is also content with the easy water fee recharging method via a pre-paid IC card.

"The workers usually come to help me recharge the card as soon as I phone them and the recharging is completed as soon as I insert the card into the reader."

Zhu Dalin said in addition to efforts being made to increase the supply of clean water, the local government has urged all residents to save water, while manufacturers and farmers are also being encouraged to cut their water consumption.

 

Efforts Made to Ensure Safe Water

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42-year-old Wang Jianniu turns the tap off in his yard on Saturday, March 14, 2009. All the residents in Qiancheng Village, Zhongmu County, in central Henan Province have used clean tap water as a result of the county's large-scale 'safe drinking water' program. [Photo: CRIENGLISH.com]

To have clean and cheap drinking water was once a long-term dream for many residents living in Zhongmu County in central Henan Province, that is, before a water supply project started in 2006.

When turning the tap off in his yard, 42-year-old villager Wang Jianniu says he will never forget the filthy water his family lived with for decades.

"The water was yellow and had a terrible taste. We could even sometimes see small particles in the water we took from the wells. But now the tap water is clean and tastes really good, sweet and cool."

Wang's family, along with many other households in Qiancheng Village, began using the clean tap water two years ago as a result of the county's large-scale 'safe drinking water' program.

The initiative started in 2005 with the aim of constructing a county-wide network within five years to supply clean water to over 200 thousand residents throughout its 180 villages.

Zhu Dalin, the vice director of the county's water conservancy department, says the project has helped more than 120 thousand people get rid of saline in the water since 2008, while the remaining 80,000 will be able to drink clean tap water within two years.

The Zhongmu County, with a population of about 700,000, is located near the southern bank of the Yellow River, the second longest river in China, and just some dozens of kilometres east of Zhengzhou, the capital of Henan Province.

Zhu said although the Yellow River brings abundant water resources to the county, the shallow underground water there was severely contaminated in the past.
 
"Due to the county's special position, the shallow underground water there was heavily polluted by both the sewage from Zhengzhou City and the water from the Yellow River which contained many impurities."
 
Excessive fluorine was also found in the county's shallow underground water that further threatened the health of the local people, who are not able to drill deep wells by themselves, Zhu added.

In order to avoid fluorine poisoning through drinking the water, the local government has decided to build ten water plants over the next few years which can pump up and purify the deep underground water.

"Four water treatment plants have been built with a daily water supply capacity of 10,000 tons each. 100 thousand residents have used the purified water that will cover the whole county when they are completed."

The water treatment plants are controlled by computers and the operation of one plant requires less than 20 workers, Zhu said, adding the only task of the workers is to monitor whether the system is working normally.

Besides the health benefits and convenience of using this water, local residents are also satisfied with the acceptable price which is less than 0.8 yuan (about 11.4 US cents) per tonnage.

Wang Shuming, also from Qiancheng Village, has three family members. He says his family usually spends less than 20 yuan on water per month, although they wash clothes and take showers at home often.

Wang is also content with the easy water fee recharging method via a pre-paid IC card.

"The workers usually come to help me recharge the card as soon as I phone them and the recharging is completed as soon as I insert the card into the reader."

Zhu Dalin said in addition to efforts being made to increase the supply of clean water, the local government has urged all residents to save water, while manufacturers and farmers are also being encouraged to cut their water consumption.

 

BioteQ Plant Wins 2008 China Mining Environmental Protection Award

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 24, 2008) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of metal and sulphate contaminated water, is pleased to announce that its water treatment operation in Dexing, China has won the 2008 China Mining Environmental Protection Award. BioteQ's joint venture partner, Jiangxi Copper Company, accepted the award at a ceremony in Beijing on November 12, during the annual China Mining industry event.

"We congratulate our joint venture partner, Jiangxi Copper Company, and our operations staff at the plant, for receiving this prestigious award," stated Brad Marchant, BioteQ's CEO. "The award recognizes Jiangxi Copper's leadership in protecting and preserving the environment by applying innovative technologies that deliver sustainable water treatment for acid mine drainage produced at the Dexing mine site. We are pleased to be their technology partners."

Jiangxi Copper Company Limited is
China's largest copper production company, and is an important producer of sulphur, gold, and silver. The company has partnered with Vancouver-based BioteQ Environmental Technologies to deploy BioteQ's innovative industrial wastewater treatment process at up to 6 sites, including the Dexing mine located in southeastern China. Acid mine drainage is produced at the Dexing site when precipitation falls on the mine's waste dumps and low-grade stockpiles. The water becomes acidic, dissolving residual metals contained in the rock, which results in metal-contaminated wastewater that requires treatment to meet environmental regulations.

The Dexing water treatment plant recovers dissolved copper from the mine wastewater, producing a saleable copper product that pays for the cost of water treatment, and treated water that is re-used at the mine site. The plant was commissioned in April 2008, and has already delivered significant environmental benefits. In its first 6 months of operations the plant treated 3 billion litres of wastewater and recovered more than 700,000 pounds of copper.

BioteQ Corporate Profile

BioteQ builds, owns and operates industrial water treatment plants, reducing environmental liabilities while generating revenue from waste water. The Company's commercially proven technology treats acid mine drainage and other metal-laden waste water by sequentially removing metals and sulphate, producing saleable metal products and clean water that can be discharged safely to the environment. BioteQ has built 8 plants at sites in
Canada, the US, China, Australia and Mexico, with 7 more projects in design and construction. BioteQ is headquartered in Vancouver, Canada, and trades on the TSX under the symbol BQE. For additional information, please go to www.bioteq.ca.

On behalf of the Board of Directors

Brad Marchant

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "might" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the development, construction and operation of water treatment plants, variations in water quality, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future and other factors described in the section entitled "Risks" in the Company's Annual Report for the Year Ended December 31, 2007. Circumstances or management's estimates or opinions could change. The reader is cautioned not to place undue reliance on forward-looking statements.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. 
 

Beijing's stimulus

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Beijing's stimulus package may help support sales of Japanese farm equipment, Brazilian iron ore and California machine tools, taking some of the edge off what might be the worst global recession in three decades.
The ripple effect of the four trillion yuan (HK$4.55 trillion) plan announced on November 9 underscores the mainland's increasingly important role in the world economy as its policymakers work to keep the country's growth close to 8 percent next year.

Merrill Lynch said expansion would have cooled to 5 percent without the program from 9.5 percent this year.

The mainland economy is still the fastest growing among the world's 20 largest; and its plan, equivalent to 14 percent of gross domestic product over two years, would likely have the strongest impact in places that are its biggest suppliers of goods, including Japan, Taiwan and South Korea.

"It's a significant guarantee to growth in China," said Louis Kuijs, an economist at the World Bank in Beijing. "China can boost spending and provide a cushion to growth domestically and to all of its trading partners."

The plan allocates money for housing, rural development, railroads, power grids and rebuilding after May's earthquake in Sichuan province. It also allows tax deductions for purchases of machinery to stimulate investment.

"Industries such as railway, construction, cement, steel and other metals will benefit," said Ting Lu, a Merrill Lynch economist in Hong Kong. "These industries are connected wi
th the rest of the world."

Merrill estimates the package will add three percentage points a year to the mainland's expansion, spurring growth to 8.6 percent next year and 8.5 percent in 2010.

Before Beijing introduced its plan, the International Monetary Fund forecast that growth worldwide would fall to 2.2 percent next year from 3.7 percent this year and that the United States, Japan and the eurozone would all contract.

"It's going to help economies that supply infrastructure to China, like Germany and Australia," said Kevin Gaynor, head of economic and interest- rate strategy at Royal Bank of Scotland Group in London.

Among economies with the most at stake are Taiwan, which shipped almost 36 percent of its total exports to the mainland last year; South Korea, which sent 25 percent; and Japan, which shipped 19 percent, according to UBS.

For every one percentage point that the mainland increases its growth rate, the rest of Asia will be boosted by half that, Citigroup chief Asia economist Huang Yiping said in Hong Kong.

Engineering and construction companies are likely to be among the major beneficiaries of the stimulus plan, said Donald Straszheim, vice chairman of Roth Capital Partners, a US investment bank specializing in emerging markets.

"Spending on necessary infrastructure such as rail, roads and affordable housing are expected to reinforce China's long-term growth potential," said Vivek Tulpule, chief economist for Rio Tinto, the world's second-biggest exporter of iron ore.

"The package will provide a welcome boost to Chinese economic activity and the resources industry."

Shares of Kubota, Japan's largest maker of agricultural equipment, have surged 19 percent since the package was announced, while Hitachi Construction Machinery, Asia's second-largest maker of earthmovers, gained 15 percent.

The stimulus is "a big chance" for Komatsu, the world's second-largest construction-machinery maker, said Masahiro Yoneyama, director of mainland operations.

"This will contribute greatly to Komatsu's overall profitability."

In Singapore, Hyflux, a water- treatment firm that gets about 90 percent of sales from government contracts, expects to gain from the plan.

Hyflux builds plants in provincial cities in the mainland as well as the Middle East, and the stimulus package "is going to help to unblock" current projects that are "stalled and create new ones," deputy chief executive Sam Ong said.

Three European makers of power grids and equipment - ABB in Zurich, Schneider Electric in Rueil-Malmaison, France, and Atlas Copco in Stockholm - may get more orders because of the plan.

In a research note, Exane BNP Paribas analyst Arnaud Brossard said ABB "could benefit from accelerated spending" on power plants, Atlas' construction and mining business might be helped, and Schneider could see a boost in its building and manufacturing operations.

Oxnard, California-based Haas Automation sold more than 1,000 machines used for aerospace, automotive and other production in China last year at prices ranging from US$30,000 (HK$234,000) to several hundred thousand dollars and expects to sell 1,250 machines this year.

"Any stimulation of manufacturing in China is going to have an effect on our business," said Haas marketing product manager Scott Rathburn.

Erin Ennis, vice president of the US- China Business Council, expects a boost for companies ranging from construction firms to tool makers.

She said China's desire to improve its health-care system could also help American providers of medical products and services.

"Our hope is that the spending is as broad as possible," she said. The Washington association represents 250 US firms that export to China.

The impact may even spread to Brazil, where Cia Vale do Rio Doce, the world's biggest iron-ore producer, is based. China accounted for 20.5 percent of its total third-quarter revenue of US$12.1 billion.

 
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