Yingli Green Energy Holding Co. Ltd., a vertically integrated photovoltaic product manufacturer, has entered into a sales contract with S.A.G. Solarstrom Vertriebsgesellschaft mbH (S.A.G.), a manufacturer, independent developer and system integrator in the solar power and solar investment market in continental Europe.
Under the terms of the contract, Yingli Green Energy will supply 5.75 MW of PV modules to S.A.G. from June to September. The modules to be supplied under this contract are expected to be installed in S.A.G.'s projects located in Italy.
‘This is the eighth contract that we have signed with S.A.G. for the past three years, and so far we have shipped 25.5 MW of modules to them. Our latest contract with S.A.G. demonstrates this leading PV player's confidence in our products,’ says Liansheng Miao, chairman and CEO of Yingli Green Energy. ‘By working closely with S.A.G., which is one of the major system installers we cooperate in continental Europe, we have been able to expand and solidify our market presence in Germany, Spain and Italy.’
SOURCE: Yingli Green Energy