Yingli Green Energy supplies solar modules to Caribbean’s largest solar project

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Yingli Green Energy supplies solar modules to Caribbean's largest solar project

Greentech Lead China: Yingli Green Energy announced that
its subsidiary, Yingli Green Energy Americas supplied 24 MW of solar PV modules
to the largest solar project in the Caribbean. The recently-commissioned
plant is located on 138 acres of land in Guayama, Puerto Rico.

Approximately 110,000 YGE 60 Cell Series modules are
currently in operation at the utility-scale project, which generates enough
electricity to power 6,000 homes. All electricity generated is being sold to
the Puerto Rico Electric Power Authority (PREPA) under a 20-year power purchase
agreement.

“We’re pleased to be able to support realization of
the first utility-scale project in Puerto Rico,” Robert Petrina,
Yingli Americas’ Managing Director, said. “Yingli continues to be well-positioned
in the emerging Caribbean market, which is predicted to grow
exponentially within the next five years.”

Liansheng Miao, chairman and chief executive officer of
Yingli Green Energy, said, “We’re continuously growing our presence in the
utility market, and are proud to help new markets like
the Caribbean diversify their power mix and take advantage of the
increased affordability of solar energy.”

Yingli Green Energy distributes its photovoltaic modules
to a wide range of markets, including Germany, Spain, Italy, Greece, France, South
Korea, China, Japan and the United States. In August
2012, Yingli Green Energy reached a balanced vertically integrated production
capacity of 2,450 MW per year at its production facilities located in
Baoding, Haikou, Tianjin and Hengshui, respectively.

editor@greentechlead.com

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