Yingli Opens Office In Chile

Posted by SI Staff on July 22, 2014 No Comments
Categories : New & Noteworthy

Yingli Green Energy Holding Co. Ltd. has opened an office in Santiago, Chile. Robert Muhn will serve as managing director of Yingli Green Energy Chile.

The new office is the company's third in Latin America, joining existing locations in Mexico City and Sao Paolo, Brazil. Yingli says it has already supplied more than 25 MW of its solar modules to projects in Chile.

‘Chile is a high-potential solar market and home to some of the strongest solar irradiation in the world, particularly in the Atacama Desert,’ Muhn says. ‘While we see tremendous growth potential in Chile's utility-scale market, we also anticipate that the country's relatively high electricity prices and strong solar resources will provide a foundation for a thriving and sustainable distributed generation market in the future.’

Yingli Green Energy says the South and Central American solar energy markets are a major strategic priority in its long-term global development plans. Chile, in particular, is widely seen as a promising region for solar development.

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