In addition, Tecno Spot will also purchase additional 10MW-20MW PV modules by the end of 2011. Tecno Spot is a European solar vendor headquartered in Italy and has provided equipment and services for more than 5,000 solar projects around the world.
Liansheng Miao, chairman and CEO of Yingli Green Energy, said: “We see great potential in the Italian market, which has a very robust demand for Yingli Solar modules. We believe by collaborating with Tecno Spot, a PV pioneer in Italy, we will further expand our business in this rising top-tier European PV market.”
Fabio Patti, sales manager of Yingli Green Energy Italia, said: “The cooperation with Tecno Spot is an important step taken for our channel expansion in Italy. We expect to provide value-added services to the end-user through working with seasoned partners such as Tecno Spot.”
Yingli Green Energy Italia is a wholly-owned subsidiary of vertically integrated PV manufacturer Yingli Green Energy.