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Yingli Green powers 13MW Czech solar plant

Posted: 10 Jun 2009 ?? ?Print Version ?Bookmark and Share

Keywords:solar? photovoltaic? PV module?

Yingli Green Energy Holding Co. Ltd has announced that its photovoltaic modules will be installed in a 13MW plant in the Czech Republic to be constructed by S.A.G. Solarstrom AG (S.A.G.), a manufacturer, independent developer and system integrator in the solar power and solar investment market in Europe.

Pursuant to the Czech Republic's current feed-in tariff, installations of more than 30kWp are remunerated with CZK 12.79/kWh (approximately euro 0.48/kWh). According to S.A.G., the plant is the largest PV project in the Czech Republic currently. Construction of the plant is scheduled to begin in July 2009 for completion in the fall 2009. The plant is expected to produce an estimated 13,650,000 kWh of electricity per yearenough to supply more than 3,000 households.

"S.A.G. stands for quality. This is why we only use high quality components for our PV power plants. Yingli has a proven track record from numerous projects at S.A.G. of delivering high quality modules with an excellent and reliable performance and yield. We are therefore looking forward to deploying Yingli modules in this important project," said Karl Kuhlmann, CEO of S.A.G.

"We are very pleased that our partnership with S.A.G will result in this milestone PV project, the largest in the Czech Republic and the first in the country for both Yingli and S.A.G.," commented Liansheng Miao, chairman and CEO of Yingli Green Energy. "With an attractive feed-in tariff, we believe the Czech Republic will play an increasingly important role in the global PV market in Europe. We are confident that our vertically integrated model, proven strategy and strong brand name will enable us to continue to succeed in existing and new solar markets around the world."

Through a series of supply agreements over the past four years, Yingli Green Energy has supplied a total of 68MW of PV modules to S.A.G. for projects throughout Europe.

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