The modules are destined to be installed at three separate ground-mounted projects totaling 59MW capacity located in Hebei Province, Gansu Province, and the Inner Mongolia Autonomous Region.
Under the contract, Yingli Energy will be the sole PV module supplier for these three projects being built by CTGNE and delivery will be completed by the end of 2013.
Yingli Green Energy chairman and CEO Liansheng Miao said having supplied over 100MW of PV modules in the past, the company has further enhanced its partnership with CTGNE.
"Our on-going collaboration with large scale project developers like CTGNE is indicative of our strong leadership position in China, which is based on our superior product quality, well-recognized brand, and convenient after-sales service.
"In addition, we have observed improved price and payment terms in recently signed agreements, which are evidence of China’s domestic market growing more rational due to gradually balanced supply-demand," added Miao.
