Yingli To Supply 285-MW of PV Modules to Gehrlicher Solar

Baoding, China [RenewableEnergyWorld.com] Yingli Green Energy Holding Company Limited has signed a three-year framework agreement with Gehrlicher Solar AG, one of the leading PV system integrators in Europe.

Under the terms of this agreement, Yingli Green Energy has agreed to supply 285 megawatts (MW) of PV modules to Gehrlicher Solar over a three-year period through 2012.

The modules supplied under this agreement are expected to be installed mainly in residential, commercial roof-top and ground-mounted power plants across key European PV markets.

"We believe the establishment of our partnership with Gehrlicher Solar, one of the leading system integrators with a diversified portfolio of customers in Europe, will further strengthen our position in this important region. In establishing this partnership, we were particularly impressed by Gehrlicher Solar's successful track record in the PV industry, their focus on innovative solar PV solutions as we approach grid-parity, and their business partnership philosophy," said Liansheng Miao, chairman and CEO of Yingli Green Energy.

Miao also said that the three-year agreement provides Yingli Green Energy and Gehrlicher Solar with additional visibility on sales and supply volumes as well as a solid foundation for long-term cooperation.