Yingli Green Energy Contracts With Korea-Based Solar Companies

Yingli Green Energy Holding Company Ltd. has signed sales contracts with two Korean companies: Korea Electric Power Industrial Development Corp., a renewable energy company, and Kaycom Corp., a distributor of electronic components and PV devices.

Under the terms of the contracts, Yingli Green Energy will deliver 1.3 MW of PV modules to KEPID by the end of this month and 2 MW of PV modules to Kaycom by the end of May 2008. The PV modules to be provided by the company under these contracts will be installed in KEPID's planned 1.8 MW project in Naju, Jeon la nam-Do, Korea, and Kaycom's Daelim Hae – Nam project in Haenam-Gun, Jeon la nam-Do, Korea.

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