Yingli Green Energy signs PV module supply deal with IBC Solar
Solar energy firm Yingli Green Energy has signed an agreement with IBC Solar to supply 180MW of multi-crystalline and mono-crystalline photovoltaic (PV) modules in 2012.
IBC Solar has also an option to buy another 20MW of PV modules in this year under the agreement.
The solar modules are expected to be installed in Germany, other European countries, as well as globally.
IBC Solar founder and CEO Udo Moehrstedt said the company has been working very 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's manufacturing covers the entire PV value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly.