Yingli to supply 64MW via four new contracts

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Yingli
Green Energy has announced its receipt of four new sales contracts for
provision of 64MW of PV modules in total. The four contracts are
composed of twin orders from two companies, namely, Conergy AG and
GeckoLogic GmbH, and were entered into at the Intersolar Trade Fair in
Munich in June 2008.

The agreements with Conergy will see Yingli provide 7MW of modules in 2008 on a fixed-price basis and 50MW in 2009, the price of which will be determined in the fourth quarter of 2008.

GeckoLogic has also ordered two shipments of modules and under the terms of the contract will receive 4MW of modules between September and December 2008 for a fixed price. The price of the further 3MW delivery will be determined in the third quarter of 2008.

“We have been developing our relationship with these two well-regarded companies for the past few years, and have won the trust from an increasing number of major industry players with our product quality and customer service,” said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “We look forward to further strengthening our relationship with them in the future. Demand in Germany remains strong and the region continues to be an area in which we plan to further strengthen our presence.”

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By Síle Mc Mahon 

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