It was announced this morning that the Italian subsidiary of Yingli Green Energy (YGE) signed a 6MW solar module sales agreement with Tecno Spot for this year and Tecno has committed to another 10 – 20MW for 2011.

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CEO of YGE Liansheng Miao and Italia Sales Manager Fabio Patti commented:

“We see great potential in the Italian market, which has a very robust demand for Yingli Solar modules.  We believe by collaborating with Tecno Spot, a PV pioneer in Italy, we will further expand our business in this rising top-tier European PV market.”

“The cooperation with Tecno Spot is an important step taken for our channel expansion in Italy. We expect to provide value-added services to the end-user through working with seasoned partners such as Tecno Spot.”

Shares of YGE are fractionally higher this morning.