Yingli Green Energy has signed five modules sales agreements for a total of approximately 30MW in Spain. The installations are expected to be ground-mounted power plants and will be installed in the first six months of 2010.
“We are pleased to see continued demand for our high quality modules in Spain,” said Liansheng Miao, chairman and chief executive officer of Yingli Green Energy. “Following the global financial crisis and the Spanish market’s sharp decline in early 2009 resulting from the constraints on annual installation volumes, Yingli Green Energy has been enhancing our marketing and execution capabilities. We are encouraged by our progress as customers increasingly view ‘Yingli Solar’ as a reliable, trustworthy and bankable brand.”
“With solid customer bases and effective strategies in place for Europe and globally, we look forward to a promising year ahead,”