Yingli Wins Contract from Iberdrola

Yingli Green Energy Holding Company Limited, has announced that it has won a new sales contract from Iberdrola Ingenieria y Construccion S.A.U. (IBERINCO). Under this contract, Yingli Green Energy will supply 11.56 megawatts of solar photovoltaic (PV) modules to IBERINCO. The modules will begin shipping in the first quarter of 2008.

The PV modules to be supplied by Yingli Green Energy under this contract are expected to be used in IBERINCO’s project in Caceres, Spain. The estimated delivery period starts in January 2008 and ends in March 2008.

“This sales contract not only demonstrates that our product quality and brand name have been recognized by one of the world’s major renewable energy players, but also marks another step in our expansion in Spain. As Spain has always been one of our major markets, we will continue our efforts to promote our quality products and brand name to both existing and potential customers,” said Liansheng Miao, CEO of Yingli Green Energy.
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