A photovoltaic field in the Negev, Israel
(Photo credit: Courtesy Enerpoint)
Yingli Solar, a global, vertically integrated photovoltaic (PV) module manufacturer, signed its largest supply agreement to date in Israel and the Middle East, under which the company will deliver 27.5 MW of multicrystalline PV modules through April.
The company will supply its YGE 72 Cell NH Series modules to a solar power plant that will occupy more than one million square meters of land in Israel. Designated a National Infrastructure Project by the Israeli Government, the solar farm has been granted the conditional feed-in tariff approval from the Israeli Public Utilities Authority.
This supply agreement builds on its long-standing relationship with Ledico Ltd., its local distribution partner in Israel.
“We view Israel as an important and sustainable growth market with the potential to reach more than 340 MW of installed solar PV capacity in 2014,” said Liansheng Miao, Chairman and Chief Executive Officer of Yingli Solar.
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