Fire Energy, S.L. (“Fire Energy”), a Spanish PV system integrator and PV devices distributor is to be supplied 16MW of PV modules by Yingli Green Energy in 2009, according to a new supply contract signed between the two companies. This is the second contract both companies have entered into.
“We believe that even with the lowered feed-in-tariffs in Spain, which we expect to take effect later this year, the return on investment in the Spanish PV market will remain highly attractive as Spain has one of the highest levels of annual sunshine radiation in Europe. We continue to see strong demand in the Spanish PV market for high quality PV products,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.
