News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/solar-by-technology-renewable-energy-news/yingli-green-energy-to-provide-solar-cells-to-cegelac.html

Yingli Green Energy has signed a 7.9MW photovoltaic (PV) module sales agreement with Cegelec, a systems integrator based in France, after recently setting up a base in the country.

The modules supplied under the agreement are expected to be installed into ground-mounted systems located in south-west France in the largest collaboration between the two companies to date.
‘In view of the fact that the French solar market is booming, Yingli Green Energy has recently set up office in Lyon, France, with the objective of being close to the market and thus being able to provide best service to our customers and partners,’ said Liansheng Miao, chairman and CEO of Yingli Green Energy. ‘In our opinion, sustainable long-term growth requires our steady and long-term commitment to the market and support from major players such as Cegelec.’
China-based Yingli’s manufacturing covers the entire PV value chain, from the production of polysilicon through ingot casting and wafering, to solar cell production and module assembly. In the second quarter of 2010 Yingli achieved a gross profit margin of 33.5 per cent.
Two capacity expansion projects of 300MW and 100MW started initial production in early July 2010, and are expected to bring Yingli’s total capacity to 1 GW.
‘When we look for long-term partners, we seek companies such as Yingli Green Energy that not only possess a track record of success and a well-known brand, but feature robust product warranty commitments and a proven trustworthiness matching perfectly with our customers’ high standards,’ said Alain Viard, head of photovoltaics, Cegelec.
Cegelec provides technological services, including information technology, energy services and maintenance, to companies and government bodies and since April 2010 it has been a wholly-owned subsidiary of Vinci Group.