Yingli Green Energy Signs Sales Contract with Japanese PV System Integrator for Projects in Germany

Source: www.gulfoilandgas.com 5/2/2008, Location: Europe

Yingli Green Energy Holding Company Limited announced that it has signed a sales contract with Eiko Trading Corporation JP, which is engaged in the development and installation of PV systems in Japan and consulting, trading and investing in renewable energy projects with global partners.

Under the terms of the contract, Yingli Green Energy will supply 17.35 MW of PV modules to EIKO for planned projects in Germany. The shipment will be delivered between April and November 2008.

"We initiated our business cooperation with Yingli in mid-2007," commented Mr. Rui Chen, President of EIKO. "The performance, reliability and quality of Yingli's PV modules have impressed both us and our clients. These qualities, in addition to their excellent customer service, convinced us to deepen our business relationship with Yingli through 2008 and purchase a significant quantity of PV modules for projects in Germany. Our strategy is to provide reliable and flexible turnkey PV system solutions to our customers and Yingli shares our vision. We expect our cooperation with Yingli to develop into a more strategic, long-term relationship as we both continue to grow rapidly."


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