Yingli Green Energy has signed an exclusive module distribution agreement with YHS. Under the terms of the contract, YHS will purchase modules totalling 10MW and take on the role of Yingli’s sole Japanese residential market distributor.
The agreement was signed in March and will run until December, with the first shipment of modules due to be delivered in the second half of the year.
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Yingli chairman and CEO Liansheng Miao said, “We believe by cooperating with YHS, which enjoys strong support from WHD in the areas of distributing, marketing and selling imported PV modules in Japan, we will be better positioned in assessing and responding to the needs of our Japanese customers.
“In light of the recent events in Japan, more countries and regions are expected to switch towards safer, cleaner and lower carbon energy generation sources which increases the need for renewables. As a leading solar energy company, we are committed to meeting this increasing demand worldwide.”
