The PV modules to be supplied under this agreement are expected to be installed mainly in residential, commercial roof-top and ground-mounted power plants in Europe.
Liansheng Miao, chairman and CEO of Yingli Green Energy, said: “We are pleased to announce this new long-term business relationship with Gehrlicher Solar. We believe the establishment of our partnership with Gehrlicher Solar, one of the leading system integrators with a diversified portfolio of customers in Europe, will further strengthen our position in this important region.”
Klaus Gehrlicher, founder and CEO of Gehrlicher Solar, said: “This long-term framework agreement with Yingli Green Energy will strengthen our position within the crystalline market segment and enhance the representation of both companies in major solar markets in Europe. In addition, we are pleased to be adding Yingli Green Energy’s high-quality PV modules, which are a perfect fit with our ‘gehrtec’ product family, to our portfolio of products.”
Headquartered in Baoding, China, Yingli Green Energy is a vertically integrated PV manufacturer. It develops, manufactures and sells PV modules in markets including Germany, Spain, Italy, Greece, France, South Korea, China, and the US.