Managing director Fernando Calisalvo told pv magazine, Yinglis service center in Madrid will not only be expanded, but a distribution center will be added to it so that the firm can strengthen its position and increasingly use the Iberian Peninsula as a base for new markets in northern Africa and Latin America.
A company spokesperson added that Yingli will mainly be focusing on the growing roof market in Spain and Portugal.
With a market share of around 20 percent, Yingli is currently one of the biggest players on the Spanish module market. Mr. Calisalvo explained that the firm’s core business is currently midsize roof- and ground- mounted projects ranging from 300 to 500 kilowatts, most of which are installed, however, in Italy via project planners like Iberolo and 9Ren.
He went on to say that the most important markets in North Africa for the firm are Morocco, Algieria, Tunisia, and Egypt.