Yingli Green Energy (YGE) Enters Supplementary Contract With EN-NEO

October 6, 2008 8:59 AM EDT

Yingli Green Energy (NYSE: YGE) entered into a supplementary contract to the sales contract disclosed on June 5, 2008 with EN-NEO NEUE ENERGIEN GmbH, one of the leading specialists in PV energy projects worldwide.

Under the Original Contract, Yingli Green Energy agreed to supply 9.19 MW of PV modules to EN-NEO from October 2008 to December 2008, and EN-NEO had an option to purchase an additional 9 MW of PV modules from Yingli Green Energy in 2009. Under the New Contract, EN-NEO has agreed to exercise the option by purchasing the additional 9 MW PV modules, which are expected to be delivered from February 2009 to April 2009.


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