Yingli Green Energy (YGE) Signs Sales Agreements In Spain

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09:33:48 am on January 7, 2010

Yingli Green Energy just announced that it has signed 5 sales agreements with Spanish customers, for a total of 30 MW. All 30 MW are expected to be delivered in the first half of 2010.

In a press release, Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy, commented on the news:

“We are pleased to see continued demand for our high quality modules in Spain. Following the global financial crisis and the Spanish market’s sharp decline in early 2009 resulting from the constraints on annual installation volumes, Yingli Green Energy has been enhancing our marketing and execution capabilities. We are encouraged by our progress as customers increasingly view ‘Yingli Solar’ as a reliable, trustworthy and bankable brand. With solid customer bases and effective strategies in place for Europe and globally, we look forward to a promising year ahead.”

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