Under the terms of the agreement, Yingli Green Energy has agreed to deliver 180MW of multi-crystalline and mono-crystalline (Panda) PV modules to IBC during this year.
IBC has an option to purchase another 20MW in next year under the agreement.
The PV modules are expected to be deployed in Germany, other European countries, as well as globally.
IBC SOLAR founder and CEO Udo Moehrstedt said the company has been working successfully with Yingli Solar for five years now.
"IBC SOLAR will continue to drive the adoption of photovoltaics globally, and we consider Yingli as one of our partners in achieving this goal," Moehrstedt said.
Yingli Green Energy is a solar energy company and a vertically integrated photovoltaic manufacturer.
