Yingli cements EU footprint with major French contract

China’s Yingli Green has stormed past its European competitors to nab a supply contract for France’s largest photovoltaic array, underscoring the rising influence of Asian solar firms even deep in the EU market.

French utility GDF Suez, the world’s largest utility by sales, is developing the 33-megawatt (MW) array in southeastern France along with two smaller financial partners.

Yingli will deliver the modules between October and April 2011 to Spanish engineering and construction group ACS, which is building the turnkey solar park for GDF.

ACS will install more than 14,500 crystalline panels near Curbans, in the province of Alpes-de-Haute-Provence.

Like many of its competitors, Yingli is racing to diminish its exposure to the German market, which is blazing at present but set to Log in to read complete article.

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