Yingli Green Energy Signs Five Photovoltaic Modules Sales Agreements with Customers in Spain

Yingli Green Energy Holding Company has signed five sales agreements with customers in Spain agreeing to supply a total of about 30 MW of PV modules in the first half of the year 2010. These PV modules are to be installed in commercial roof-top systems and in ground-mounted power plants.

Yingli Green Energy Holding Company is a leading vertically integrated photovoltaic product manufacturer in the world. Liansheng Miao, Chief Executive Officer and Chairman of Yingli Green Energy, remarked that the company is pleased with the continuous demand for its high quality products in Spain. The CEO further stated that the company has further increased its marketing and executing potentialities following the global economic crisis and steep decline in demand from the Spanish market.

Miao also stated that the company is further encouraged by its steady progress as Yingli Solar is regarded as a trustworthy, bankable and reliable brand. Yingli Green Energy is hoping for a promising year from the European and global markets with its effective strategies and strong customer bases in place.