Over the past fortnight, Chinese-based solar panel manufacturer Yingli Solar signed two contracts to provide a total of 300 MW worth of solar panels.
Yingli Green Energy Holding Company, or Yingli Solar for short, announced on September 17 that it had signed its largest solar panel supply agreement to date in China, with a 170 MW order for solar PV panels made by CFC Group Construction Limited. Yingli Solar will supply 170 MW of solar panels, or over 650,000 multicrystalline YGE Series solar panels, for utility-scale power plants in China’s Hebei province being constructed by CFC Construction.
The contract will see Yingli deliver the solar panels during the third and fourth quarter of this year, for the development of power plants being built in the city of Zhangjiakou, one of Hebei province’s largest municipalities. Upon completion of the projects, the solar panels are expected to generate more than 200,000 MWh of electricity annually, which Yingli Solar says will offset approximately 120,000 tonnes of CO2 emissions.
“CFC Construction is committed to the construction, operation, maintenance and innovation of solar and wind power plants. To ensure our power plants’ high quality, we only select leading manufacturers for both solar panels and balance-of-system components. We have partnered with Yingli for these power plants because, as one of the world’s leading solar panel manufacturers, Yingli’s products meet CFC’s demanding product quality requirements,” commented Mr. Chen Jiguang of CFC Construction.
“We are pleased to enter into our largest supply agreement to date in China with CFC Construction, one of China’s most competitive construction contractors,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli. “Our highly durable Yingli Solar panels deliver superior performance in the harsh weather conditions that characterize Zhangjiakou and its surroundings, and we look forward to broadening access to solar power in communities across the region thanks to our partnership with CFC Construction.”