Yingli Green Energy Inks Agreements With City Solar, Wirsol

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Yingli Green Energy Holding Co. Ltd., a vertically integrated photovoltaic product manufacturer, has entered into sales agreements with two German PV system integrators – City Solar Kraftwerke AG and Wirsol Deutschland GmbH.

Under the sales agreement with City Solar, Yingli Green Energy is expected to supply 20 MW of PV modules to City Solar in 2009. In addition, City Solar has an option to purchase an additional 30 MW of PV modules from Yingli Green Energy in 2009.

Under the sales agreement with Wirsol, Yingli Green Energy is expected to supply 15 MW of PV modules to Wirsol from December 2008 through October 2009. In addition, Wirsol has an option to purchase an additional 20 MW of PV modules from Yingli Green Energy in 2009.

SOURCE: Yingli Green Energy Holding Co. Ltd.

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