Yingli Green Energy, a Chinese PV manufacturer, has signed an agreement to supply 27.5MW of PV modules to an Israeli solar power station which has received feed-in tariff (FiT) approval from the government.
This project will be Yingli’s largest module supply deal with Israel and also the country’s largest one, which covers about 100 hectare. The largest Israeli PV plant was a 10MW project in the Negev desert, according to PV Tech. Yingli will supply its YGE 72 Cell NH Series modules to the PV plant and will install the system between February and April of 2014. Designated a National Infrastructure Project by the Israeli Government, the solar farm has been granted the conditional FiT approval from the Israeli Public Utilities Authority.
"We look forward to embracing future opportunities to utilize the Middle East's abundant solar resources in close cooperation with leading solar companies in the region," said Mr. Manuel Seiffe, New Market Development Director of Yingli Green Energy International AG.
At the end of February however, the Israeli Ministerial Committee for Promoting Renewable Energy made the decision to add 290MW to the quota for developing PV projects after quotas for concentrated solar power (CSP) and wind farm projects were shifted to solar PV.
"We look forward to embracing future opportunities to utilize the Middle East's abundant solar resources in close cooperation with leading solar companies in the region,” said Manuel Seiffe, Yingli Green International Energy’s new market development director.
This supply agreement builds upon Yingli’s long-standing relationship with Ledico Ltd., its Israeli distribution partner. Mr. Liansheng Miao, Chairman and CEO of Yingli, said: “We view Israel as an important and sustainable growth market with the potential to reach more than 340 MW of installed solar PV capacity in 2014. We are excited to continue supporting the region's successful implementation of solar PV through this major supply agreement."