Under the terms of the agreement, CIT Vendor Finance will provide financing options for the purchase and installation of modules to the customers of Yingli Green Energy’s US subsidiary, Yingli Americas.
CIT Vendor Finance global president Ron Arrington said the financing solutions offered by CIT Vendor Finance to Yingli America’s customers will allow them the opportunity to take advantage of the increased demand for solar energy projects.
Yingli Americas managing director Robert Petrina said the company has been working hard to provide numerous opportunities to make solar projects as streamlined and financially accessible as possible. With this new relationship, we hope to continue to simplify that process.
Yingli Green Energy is a solar energy company and a vertically integrated photovoltaic manufacturer, which markets its products under the brand Yingli Solar.
