Yingli Green Energy (YGE) today announced the signing of 5 new contracts to supply an aggregate of more than 7MW of PV modules all to companies in Korea. 

"We are pleased with the success that we have had so far in building our business in Korea and these new contracts clearly demonstrate continued progress in extending our global presence," commented Mr. Seok Jin Lee, Chief Operating Officer of Yingli Green Energy. "In a relatively short period of time, we have been able to develop good relationships with reputable companies in Korea. Our strong brand in other established markets has given us a solid starting point and we believe these contracts will further build customer confidence in the region. We are confident that Korea will develop into an exciting emerging solar market on the back of strong demand and favorable feed-in tariffs. As we continue to promote our products in new markets around the world, we will always remain deeply committed to further solidifying relationships with our existing customers."