Yingli Green Energy (YGE) Wins 16MW Sales Contract with Fire Energy in Spain

September 4, 2008 7:34 AM EDT

Yingli Green Energy Holding Company Limited (NYSE: YGE) today announced that it has entered into a sales contract with Fire Energy, S.L., a Spanish PV system integrator and PV devices distributor.

Under the terms of the contract, Yingli Green Energy is expected to supply a total of 16 MW of PV modules to Fire Energy from January 2009 to December 2009.

Shares of Yingli have yet to move on the news: the stock most recently traded at $15.55, down just $0.02, or about 0.13%, from yesterday's closing price.

Yingli Green Energy Holding Company Limited and its subsidiaries engage in the design, development, marketing, manufacturing, installation, and sale of photovoltaic (PV) products.


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