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Yingli Green Energy Announces Major California Solar Project

Yingli Green Energy (NYSE: YGE), a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand "Yingli Solar", announced Tuesday that its subsidiary, Yingli Green Energy Americas ("Yingli Americas"), has entered into the Company's largest project supply agreement to date. Yingli Americas was selected to supply 200 MW-dc of utility-scale solar PV modules for the Centinela Solar Energy Facility Project ("Centinela Project"), which is segmented in two phases, each phase with a separate release notice, currently pending notification for the second phase. The 170 megawatt-ac project, designed to be one of the largest solar projects in the world, is situated on 1,600 acres approximately 90 miles east of San Diego in Imperial County, California, and is estimated to achieve commercial operation in the middle of 2014.

(Logo: http://www.prnasia.com/sa/2012/04/01/20120401160439160364.jpg)

Mr. Robert Petrina, Yingli Americas' Managing Director, explained, "The expansion of the utility-scale market in the U.S. is instrumental in securing our country's clean energy

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Posted-In: News Guidance Financing Contracts Global

 

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