Yingli Green Energy Holding Company Limited, the largest vertically integrated photovoltaic module manufacturer in the world, known as "Yingli Solar," today announced that its Turkish subsidiary, Yingli Green Energy Enerji Urunleri San. ve Tic. Ltd. Şti (Yingli Turkey) will supply 30 MW of multicrystalline PV modules to Tekno Ray Solar Enerji Sistemleri San. Tic. Ltd. Sti (Tekno Ray Solar), Turkey's fastest-growing solar energy company.
According to the agreement between Yingli Turkey and Tekno Ray Solar, 30 MW of Yingli Solar modules will be delivered in installments from the second quarter of 2014 through the first quarter of 2015. The high quality YGE Series modules will be installed in several large scale solar projects in the southern part of Turkey.
"In Turkey, which has Europe's richest solar resources, we believe that we need to utilize the sun in order to contribute to both the economy and the environment. At Tekno Ray Solar, we have blazed a trail in large-scale PV project development. We selected Yingli Solar because of the company's strong brand and high-performance, high-quality product," said Mr. Altay Coşkunoğlu, Chairman of the Executive Board of Tekno Company Union.
"Yingli Solar's global experience and market leadership are an asset to Tekno Ray Solar, one of Turkey's leading PV project developers. Establishing partnerships with Turkey's leading PV project investors is a key driver of our strategy," said Dimitrios Bachadakis, Director of Yingli Green Energy South East Europe.
"We are delighted to reach a new milestone in the market development in Turkey with Tekno Ray Solar, with whom we have partnered on many projects, including Turkey's first medium voltage ground-mounted project in MW size with grid connection and the first self-consumption project in the Akdeniz Region. We look forward to enhancing our presence in this high-potential solar energy market," said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy.