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German PV installer EN-NEO has exercised an option for an additional 9MW of modules for 2009 with Yingli Green Energy for installations in Germany during 2009. Under the original deal, Yingli Green Energy agreed to supply 9.19 MW of PV modules to EN-NEO from October 2008 to December 2008. The new deal will see the extra 9MW supply of modules delivered between February and April 2009.

“We entered into two deals with EN-NEO within four months, which we believe demonstrates the confidence they have in our products and the desire both companies have to deepen the relationship,” said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “Although there are many challenges ahead, including potential effects of the recent turmoil in the financial markets, we believe German PV market is developing well, primarily because of the country’s relatively long experience with the PV industry and a clear and short governmental approval process.”