Yingli Green Energy International AG, a wholly-owned subsidiary of PV module manufacturer Yingli Green Energy, has reached a deal with independent energy company AMB Energia Wytwarzanie – a subsidiary of AMB Energia S.A. – to co-develop 30MW of PV installations in Poland.
As part of the deal, AMB Energia will function as the local partner, constructing the projects with support from Yingli. Once completed, both companies plan to sell the installations to investors.
Manuel Seiffe, head of project business at Yingli Green Energy International AG, said: “In this strategic alliance, the partners will jointly work on co-developing a diversified project portfolio to be ready for inclusion into the auction system in 2015. As a leading developer in Poland, AMB Energia will engage in all stages of the development phases of the solar PV projects. This partnership will furthermore enhance our strong position in the project business as well as in the Polish market.”
Przemyslaw Pieta, chief executive officer of AMB Energia S.A, said: “It is a great honor to cooperate with the world's leading PV manufacturer on the development, implementation and commissioning of projects. We believe that the investment in a pipeline of early-stage project opportunities will bear fruit as early as in 2015.”