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Yingli inks sales deals with German PV integrators

Posted: 25 Dec 2008 ?? ?Print Version ?Bookmark and Share

Keywords:photovoltaics? integrator system? agreement sales PV?

Yingli Green Energy Holding Co. Ltd has entered into sales agreements with two German photovoltaic (PV) system integrators, City Solar Kraftwerke AG and Wirsol Deutschland GmbH.

Under the sales agreement with City Solar, Yingli Green Energy is expected to supply 20MW of PV modules to City Solar in 2009. In addition, City Solar has an option to purchase an additional 30MW of PV modules from Yingli Green Energy in 2009.

"We are delighted to initiate our business relationship with Yingli Green Energy," commented Steffen Kammler, president and CEO of City Solar. "We believe we can provide more profitable solar power plants to our customers by using Yingli Green Energy's PV modules with their reliable quality and stable output performance, which are vital for the successful and profitable operation of solar power plants throughout their lifetime."

Meanwhile, Yingli Green Energy is expected to supply 15MW of PV modules to Wirsol from December 2008 through October 2009. This is according to the sales agreement of the companies. In addition, Wirsol has an option to purchase an additional 20MW of PV modules from Yingli Green Energy in 2009.

"We are pleased to announce our sales contract with City Solar and Wirsol," said Liansheng Miao, chairman and CEO of Yingli Green Energy. "We believe the recent dramatic decrease in polysilicon prices and our excellent performance in maintaining low non-polysilicon costs will further help us along the way towards achieving grid parity."





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