Chinese Tier-1 solar company Yingli Green Energy has agreed a 130 MW solar module supply deal with building integrated photovoltaic (BIPV) and utility-scale solar PV developer Qingdao New Energy Solutions Inc. (NESI).
Yingli will begin shipment of the first tranche of its multicrystalline YGE 60-Cell Series solar panels immediately, with completion scheduled for the end of September. The remaining 100 MW will be supplied over the course of 2016. In all, Yingli will deliver more than 500,000 solar modules.
NESI specializes in developing BIPV arrays for industrial and agricultural buildings, and is planning the development of a number of BIPV projects in the Chinese provinces of Zhejiang, Inner Mongolia, Shandong and other regions. NESI will also develop some utility-scale projects using the Yingli panels.
"In August, NESI announced our collaboration with several state-owned banks and other entities to establish Chinas first agricultural PV project fund," said NESI COO Shen Jianfei. "As such, we intend to gradually increase our exposure to solar PV assets and hope to continue partnering with Yingli as we do."
Yingi VP of sales Gang Wang added that the collaboration between Yingli and NESI could help drive the wider adoption of BIPV and agricultural solar applications throughout China. Yingli has already been involved in the creation of 350 MW of private enterprise PV the country so far this year, Wang said.
"With demand expected to grow through the second half of 2015, Yingli is focused on expanding our domestic footprint by strengthening our customer relationships," he added.