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October 6, 2008
Baoding,
China: En-Neo Neue Energien Exercises Module Supply Option with
Yingli
Yingli
Green Energy has entered into a supplementary contract to the
sales contract disclosed on June 5, 2008 with EN-NEO NEUE ENERGIEN
GmbH, a specialist in PV energy projects worldwide.
Under
the Original Contract, Yingli Green Energy agreed to supply 9.19
MW of PV modules to EN-NEO from October 2008 to December 2008,
and EN-NEO had an option to purchase an additional 9 MW of PV
modules from Yingli Green Energy in 2009.
Under
the New Contract, EN-NEO has agreed to exercise the option by
purchasing the additional 9 MW PV modules, which are expected
to be delivered from February 2009 to April 2009.
“We
are pleased to announce this new contract with EN-NEO,” said Mr.
Liansheng Miao, Chairman and CEO of Yingli Green Energy. “We entered
into two deals with EN-NEO within four months, which we believe
demonstrates the confidence they have in our products and the
desire both companies have to deepen the relationship. Although
there are many challenges ahead, including potential effects of
the recent turmoil in the financial markets, we believe German
PV market is developing well, primarily because of the country’s
relatively long experience with the PV industry and a clear and
short governmental approval process.”
Further details about: Yingli
Green Energy
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