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Yingli Green Energy (YGE) Signs 6MW Italian Deal

Green Stocks Central

It was announced this morning that the Italian subsidiary of Yingli Green Energy(YGE) signed a 6MW solar module sales agreement with Tecno Spot for this year and Tecno has committed to another 10 – 20MW for 2011.

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CEO of YGE Liansheng Miao and Italia Sales Manager Fabio Patticommented:

“We see great potential in the Italian market, which has a veryrobust demand for Yingli Solar modules.  We believe by collaboratingwith Tecno Spot, a PV pioneer in Italy, we will further expand ourbusiness in this rising top-tier European PV market.”

“The cooperation with Tecno Spot is an important step taken forour channel expansion in Italy. We expect to provide value-addedservices to the end-user through working with seasoned partners such asTecno Spot.”

Shares of YGE are fractionally higher this morning.

Yingli Green Energy (YGE) Signs 6MW Italian Deal, PotentialFor 16 – 26MW

 

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