Yingli Green Energy Enters Supplier Framework Agreement With AES Solar

Published: 15-May-2009

By: Staff Writer Staff Writer Staff Writer

Yingli Green Energy Holding Company Limited (Yingli Green Energy) has entered into an exclusive supplier framework agreement with AES Solar Energy, Ltd. (AES Solar), a joint venture between AES Corporation and Riverstone Holdings LLC. Under the terms of the agreement, Yingli Green Energy will be AES Solar’s exclusive supplier of polycrystalline photovoltaic (PV) modules expected to be purchased by AES Solar for use in solar projects in major PV markets for a term of three years.

“We are very much looking forward to cooperating with AES Solar as they work towards supplying homes and businesses around the world with power from their leading utility-scale solar installations,” commented Liansheng Miao, chairman and chief executive officer of Yingli Green Energy. “Our high quality PV modules, competitive pricing and stable performance were essential in AES Solar’s decision to choose us as its partner, and will continue to be critical factors in the successful completion of AES Solar’s polycrystalline PV projects in major solar markets.”

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