Yingli Green Energy (aka Yingli Solar or simply Yingli) has announced that it will be delivering 240 MW worth of solar panels to two of Latin America’s largest hybrid solar PV and CSP plants.

Logo_Yingli_SolarThe announcement was made last week, and concerns two projects being developed in northern Chile, each of which will be equipped with 110 MW of concentrated solar power (CSP) as well as 17.5 hours of thermal storage.

Yingli Green will act as the power plants’ sole supplier, providing over 780,000 multicrystalline utility-scale YGE 72 Cell solar panels, set to be installed over two phases. The first phase of panel deliveries was recently completed, while the second stage is set to begin in August. Total completion of the two projects is set for mid-2016.

Upon completion, the solar PV portion of the projects will occupy nearly 100,000 acres of land across both development sites, and will be connected to the national utility grid. Yingli Green predicts that the two projects together will offset approximately 385,000 tonnes of carbon emissions annually.

“We are pleased to be the exclusive solar PV panel provider for the two largest hybrid solar power plants in Latin America,” said Mr. Fernando Calisalvo, Managing Director of Yingli Green Energy Spain. “We believe that supplying projects of this magnitude and significance will cement our leadership position in Latin America, one of the world’s highest potential emerging markets.”

“Our demonstrated ability and proven experience supplying large-scale hybrid solar power plants, including the projects announced today as well as PV-diesel systems, will be a compelling differentiator for Yingli,” added Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. “Demand for these innovative applications is growing, especially in emerging markets, and we are committed to meeting that demand worldwide with our high quality products.”