Yingli Green Energy to supply over 10 MW of PV modules to SunDurance Energy

BAODING, CHINA: Yingli Green Energy Holding Co. Ltd has signed a sales agreement with SunDurance Energy, LLC, a leading PV company based in New Jersey that develops, designs, builds and operates megawatt-scale solar power solutions. Under the terms of the agreement, Yingli Green Energy will supply more than 10 MW of PV modules to SunDurance Energy through the third quarter of 2010.

"This agreement is expected to extend the successful cooperation with SunDurance Energy that we have enjoyed over the last two years, and signals our continued commitment to the expansion into the United States solar market," said Mr. Liansheng Miao, Chairman and CEO of Yingli Green Energy. "Thanks to our strong track record, which we have built on our high-quality products, excellent after-sales service and continuous brand promotion efforts, our 'Yingli Solar' brand modules are recognized as bankable, reliable products by customers, investors and commercial banks across the world."

"Our growth strategy in the US is focused heavily on the commercial and utility-scale markets, where we are pleased to have several projects already underway with SunDurance Energy and other large-scale developers. As the announcement signifies, we're dedicated to not only building our customers' loyalty and trust through our reliable products, but also through our ongoing superior customer support," added Robert Petrina, Managing Director of Yingli Green Energy Americas, Inc.

Al Bucknam, CEO of SunDurance Energy, commented: "We have had many good experiences during our years of partnership with Yingli Green Energy, whose high quality products have helped us consistently deliver great solutions to our customers. This agreement is the largest PV module purchase agreement in our history, and demonstrates our confidence both in Yingli Green Energy and in the market outlook for 2010. We purposefully set this agreement on a fast- track timeframe given our positive outlook for the coming year and the additional value we believe will be generated with the help of Yingli Green Energy's reputable, reliable products."