The two companies will operate in a Joint Venture to develop the solar plants. They have cooperated on previous occasions, notably on a 20 MW utility-scale project located in Shanxi Province's Tashan circular economic park, in which Yingli China served as both module supplier and EPC.
“We are very pleased to deepen our strategic partnership with Yingli Green Energy” said Mr. Chengsheng Li, the Chairman of the Joint Venture and Shuozhou Coal Power. “Our Joint Venture echoes the national target for the building of a beautiful China and will help to meet our national targets for clean electricity generation. Additionally, the Joint Venture is in line with the strategy of Datong Coal Mine Group's sustainable development.”
Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy, added that the partnership will provide Yingli Solar with an avenue to expand the company’s domestic downstream business, accelerate project development and bring significant benefits to all parties involved in these projects.
Yingli Green Energy is based in Baoding, China, and has more than 20 regional subsidiaries and branch offices. It has so far distributed more than 7,000 MW PV modules to customers worldwide.
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