Tuesday, January 31, 2012
Yingli Enters Supply Agreement with IBC Solar
Yingli is expanding its German business. On 30 Jan 12, the company announced that it has entered into a supply agreement with IBC Solar. Under the terms of the agreement, Yingli has agreed to supply 180 MW of multi-crystalline and mono-crystalline (Panda) PV modules to IBC in 2012. IBC has an option to purchase another 20 MW in 2012. The modules will definitely be installed in Germany and could be used in other European countries.