OREANDA-NEWS. July 30, 2014. Yingli Green Energy Holding Company Limited (Baoding, China) known as "Yingli Solar", announced that its wholly-owned subsidiary, Yingli Green Energy Japan Corporation (Yingli Japan), has signed an agreement to supply 32 MW of multicrystalline solar photovoltaic (PV) modules to a large-scale project located in Okayama, Japan.

According to the agreement, the Company will deliver approximately 108,000 YGE 72 Cell Series PV modules for the project from January 2015 to December 2015.
 
Utility-scale PV plant is expected to generate 37,000,000 kWh of solar power annually

The PV project is financed by GE Energy Financial Services and developed by Pacifico Energy K.K., a utility-scale solar project developer based in Tokyo. This solar PV plant is expected to generate 37,000,000 kWh of solar power annually.

"We are very delighted to see the successful implementation of the project, thanks to the efforts of all the parties involved. We believe that high quality modules are a key factor for the development of PV projects and Yingli Solar is absolutely the best choice for the project," commented Kazuomi Kaneto, President of Pacifico Energy KK.

"We are pleased to cooperate with Pacifico Energy KK for the first time, and hope that our first project together is the beginning of a strong and long-standing partnership," said Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.

"Our customer base in Japan has quadrupled since the fourth quarter of 2013, thanks to our strong reputation for product quality in the Japanese market. We look forward to deepening our relationships with our Japanese partners as this important emerging market continues to expand."