Clicky

Yingli Green Energy (YGE) Scores 10MW Supply Deal With SunDurance $yge

Green Stocks Central

0ea4c2b852c7ae73f06fd1f89a74c092 Yingli Green Energy (YGE) Scores 10MW Supply Deal With SunDurance $ygeYingli Green Energy (YGE) has signed a 10MW sales agreementwith New Jersey based SunDurance to supply them with PV modules throughthe 3rd quarter of this year.  The company’s have worked togetherbefore but this is the largest deal between the two as Yingli works toexpand their business in the US.

Managing Director of Yingli Americas Robert Petrina commented:“Our growth strategy in the U.S. is focused heavily on the commercialand utility-scale markets, where we are pleased to have severalprojects already underway with SunDurance Energy and other large-scaledevelopers. As today’s announcement signifies, we’re dedicated to notonly building our customers’ loyalty and trust through our reliableproducts, but also through our ongoing superior customer support.”

Shares are up about 2% in premarket trading, but remainsubmerged below key resistance of both the 50 and 200 day movingaverages.

Yingli Green Energy (YGE) Gets 10MW Supply Deal With SunDurance, Expanding US Business

Omar Huerta's Hydroponic Solar Light Tree
Webinar: The U.S. PV Market in 2010 and Beyond $tsl