Yingli sees 3GW China supply chance

PV manufacturer Yingli has signed a framework agreement that could see it supply up to 3GW of solar installations in southwestern China’s Yunnan province through to the end of 2016.

Yingli may also take a role as a co-developer in the projects, a company official told Recharge, but no further details have been decided.

The agreement, signed with local municipal authorities, would see the construction of solar projects on barren, unused land around the city of Qujing and in Honghe prefecture, which borders northern Vietnam.

Yingli, based in Baoding, Hebei province, has not set a date for any construction to start and there are no details of financial terms.

Yingli was the global leader in module shipments in 2012.

It extended a $100m partnership with DuPont this month, involving a supply deal and plans to equip a solar plant at one of the chemical producer’s facilities in China.