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German PV firm picks Yingli Green as supplier

Posted: 10 Dec 2009     Print Version  Bookmark and Share

Keywords:solar supply deal  PV module  photovoltaic 

Yingli Green Energy Holding Company Ltd has signed a sales agreement with Payom Solar AG. Yingli will supply 51MW of photovoltaic modules to Payom from Q1 10 to Q4 10, according to the agreement. Yingli is a vertically integrated PV product manufacturers, while Payom Solar A is a PV rooftop system specialist based in Germany.

"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," said Liansheng Miao, chairman and CEO of Yingli Green Energy.

Jorg Truelsen, CEO of Payom Solar AG, commented, "We have had many good experiences during our years of partnership with Yingli Green Energy, whose high quality products have helped us consistently deliver great solutions to our customers. This 51MW sales contract is the largest PV module purchase agreement in our history, and demonstrates our confidence both in Yingli Green Energy and in the market outlook for 2010."

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