Yingli Green Energy Signs Supply Contract with S.A.G. Solarstrom

Yingli Green Energy Holding Company, a photovoltaic manufacturing company, declared that it has signed a three year sales accord with S.A.G. Solarstrom, a solar manufacturing, developing and integrating company, to provide 220 MW solar modules during 2011 to 2013.

S.A.G. Solarstrom will utilize the modules for its commercial rooftop, residential and ground-mounted power plant operations in important European markets where S.A.G. Solarstrom has its presence.

Mr. Liansheng Miao, Yingli Green Energy’s Chairman and Chief Executive Officer, said that the extended partnership between the two companies will fortify the existing alliance. He added that the long term contract evidences the client’s confidence and trust towards the company and its capability to meet their requirements dependably. He further said that the company grows on the sustained support of its clients and channel partners.

Dr. Karl Kuhlmann, CEO of S.A.G. Solarstrom, termed Yingli Green Energy, as its chosen partner for their product reliability and quality. He added that the large quantity of solar modules ordered with Yingli Green Energy will be utilized by the company to follow through its designed growth over the next few years.

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