Yingli Green Energy said on Thursday it would supply about 190 megawatts of photovoltaic panels to project developers under China’s program to build solar plants.
Yingli said it would sell about 70 percent of the modules that turn sunlight into electricity to project developers under China’s “Golden Sun Program,” which has announced a 272 MW of projects.
China has taken the global lead in building wind farms to help meet its energy demand, but it has slowly taken steps to build solar power plants, even though it has developed the world’s biggest solar wafer and panel export industry.
Most of Yingli’s shipments will take place in the second half of 2011, and will receive a 70 percent subsidy from the Ministry of Finance, the company said.
The company did not disclose the financial value of the orders.
Yingli is based in Baoding, China, and is one of the world’s largest makers of solar equipment.
