Under terms of the agreement, Yingli Green Energy is expected to supply 51MW of PV modules to Payom from the first quarter through the fourth quarter of 2010.
Liansheng Miao, chairman and CEO of Yingli Green Energy, said: “This agreement extends the successful cooperation with Payom that we have enjoyed over a number of years, and also provides more visibility into the demand in major PV markets and our customer portfolio for 2010.
“Thanks to our strong track record, which we have built on our high quality products, excellent after-sales service and continuous brand promotion efforts, our ‘Yingli Solar’ branded modules are recognized as bankable, reliable products by customers, investors and commercial banks in major PV markets. We are committed to sustaining our customers’ loyalty and confidence by continuing to deliver reliable products and run an ethical, socially responsible business.”
Based in Baoding, China, Yingli Green Energy designs, manufactures and sells PV modules and designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or operate on a stand-alone basis.
