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Yingli Green Energy gets four contracts in Germany

Posted: 30 Jun 2008 ?? ?Print Version ?Bookmark and Share

Keywords:photovoltaic supply agreement? PV modules?

Yingli Green Energy Holding Co. Ltd has entered four new sales contracts with two German photovoltaic (PV) playerstwo contracts with Conergy AG and two contracts with GeckoLogic GmbH. Yingli secured the agreement at this month's Intersolar 2008 Technology Trade Fair 2008 held in Germany.

Under the contract with Conergy, Yingli Green Energy will supply 7MW of PV modules this year and 50MW of PV modules in 2009. The delivery price for the modules to be delivered in 2008 has been fixed and the delivery price for the modules to be delivered in 2009 will be determined by Q4 08.

For Yingli Green Energy's contract with GeckoLogic, the company will supply 4MW of PV modules between September 2008 and December 2008 and 3MW of PV modules between October 2008 and March 2009. The delivery price for the modules to be delivered in 2008 has been fixed and the delivery price for the modules to be delivered in 2009 will be determined by Q3 08.

"We have been developing our relationship with these two well-regarded companies for the past few years, and have won the trust from an increasing number of major industry players with our product quality and customer service," said Liansheng Miao, chairman and CEO of Yingli Green Energy. "We look forward to further strengthening our relationship with them in the future. Demand in Germany remains strong and the region continues to be an area in which we plan to further strengthen our presence. With our European headquarters opened in 2007 in Munich, Germany, I believe we now have an even greater ability to closely monitor market demand and better service our customers in the region."





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