Yingli Green to supply modules to 27.5MW Israel project
Post Date: 12 Mar 2014 Viewed: 397
Chinese manufacturer Yingli Green Energy has signed an agreement to supply PV modules to an unnamed 27.5MW solar power station in Israel which has received conditional feed-in tariff (FiT) approval from Israeli authorities.
The project represents Yingli Green’s largest module supply deal to the country to date. As recently as August last year, Israel’s largest completed PV plant was a 10MW project in the Negev desert.
At the end of February however, the Israeli Ministerial Committee for Promoting Renewable Energy made the decision to add 290MW to the quota for developing PV projects after quotas for concentrated solar power (CSP) and wind farm projects were shifted to solar PV.
Between February and April, Yingli Green will be supplying the 100-hectare project with the company’s YGE 72 Cell NH Series modules. The supply deal will go through the exclusive partnership deal struck between Yingli Green and Ledico in August 2012. Ledico was founded in 1965 as the Israeli representative of Bosch.
The 27.5MW project has been designated a National Infrastructure Project by the Israeli government and approved for the conditional FiT by the country’s Public Utilities Authority.
"We look forward to embracing future opportunities to utilize the Middle East's abundant solar resources in close cooperation with leading solar companies in the region,” said Manuel Seiffe, Yingli Green International Energy’s new market development director.
Yingli Green chairman and chief executive officer Liansheng Miao said that the project strengthened the relationship with Ledico while raising Yingli Green’s own visibility and presence in the region.
“We view Israel as an important and sustainable growth market with the potential to reach more than 340MW of installed solar PV capacity in 2014,” Miao said.