Yingli in 233MW Algeria bonanza

Yingli modules

Yingli modules

Sonelgaz, the state-owned Algerian energy company, has tapped Yingli to supply 233MW of modules during 2014, in the largest-ever order of its kind on the African continent.

The announcement comes less than a week after the State Grid Corporation of China – the world’s largest power utility – joined the Desertec Industrial Initiative, which is targeting mega-solar developments in the Middle East and North Africa (MENA) region.

The deal represents a major win for Yingli – and China’s PV industry more broadly – as it looks to make inroads into solar-rich emerging markets across the MENA region.

In October Yingli joined Sinohydro, the state-owned hydropower and construction giant, and Hydrochina, a provider of technical services, in a consortium to bid in a 318MW tender round orchestrated Log in to read complete article.

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