Yingli Green Energy to Deliver 130 MW of Photovoltaic Modules to IBC SOLAR AG in 2010
Yingli Green Energy Holding Company Limited (NYSE: YGE), one of the world’s leading vertically integrated photovoltaic ("PV") product manufacturers, has just announced it has signed a sales agreement ("the agreement") with IBC SOLAR AG ("IBC SOLAR"), one of the leading specialists in PV systems worldwide. Under the terms of the agreement, Yingli Green Energy has agreed to supply 130 MW of PV modules to IBC SOLAR from the first quarter through the fourth quarter of 2010.
"We are pleased to announce the largest contract in the history of Yingli Green Energy’s cooperation with IBC SOLAR, which is a testament to the strength of the relationships we maintain with our customers," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. "This cooperation with IBC SOLAR, one of the world’s largest suppliers of ready-to-use PV systems and all of the individual components for producing solar electricity, will further enhance our representation in major solar markets worldwide. In addition, this agreement represents our ongoing commitment to work with our customers to make it possible for clean, green and renewable energy from the sun to power businesses, homes and machines throughout the world."
Mr. Miao noted that the agreement with IBC SOLAR also provides additional visibility into Yingli Green Energy’s expected sales for 2010.
Mr. Udo Mohrstedt, Chief Executive Officer of IBC SOLAR, commented, "We have always held that it is important for leading solar players to work together in order to supply our customers all over the world with state-of-the-art PV systems, so undoubtedly we are very confident to bring our cooperation with Yingli Green Energy to the next level."
Related Posts:- Yingli Green Energy to Supply 51 MW of PV Modules to Payom Solar AG in 2010
Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy")has just announced it has signed a sales agreement with...
- Yingli Green Energy To Supply 285MW of Photovoltaic Solar Modules to Gehrlicher Solar AG
BAODING, China, Feb 24, 2010 /PRNewswire via COMTEX/ — Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy"...
- Yingli Green Energy to Supply More Than 10 MW of PV Modules to SunDurance Energy
Strategic Sales Agreement Expands Yingli Green Energy’s Presence in U.S. Commercial and Utility Markets BAODING, China, March 2, 2010...
- Yingli Green Energy Signs a Three-Year Sales Contract to Supply 220 MW of PV Modules to S.A.G. Solarstrom AG
Yingli Green Energy Holding Company Limited (NYSE: YGE) has recently announced that it has entered into a three-year sales contract...



