Yingli Solar to Supply 40 MW of Solar Panels to Sybac Solar in Honduras

Baoding, China, and Mexico City, Mexico

Yingli is currently delivering 25 MW for the first phase of the 50 MW Pacific Solar project, which was developed by EM-Power Corporacion, a Guatemala-based Central American renewable energy company. The first phase is expected to begin operating in August 2015 and the second phase is expected to come online in 2016. Once complete, the power plant will contain at least 160,000 high-performing, multicrystalline YGE 72 Cell Series panels, which are engineered specifically for large-scale utility projects.

Separately, Yingli is also delivering 15 MW of these YGE 72 Cell Series solar panels for the first tranches of the La Manzanilla y Las Lajas project, which was developed by Energys de Honduras S.A. de C.V. Once complete, at least 96,000 Yingli Solar panels will be installed in this utility-scale system.

Mr. Markus Falz, Chief Executive Officer of Sybac Solar, commented, "Yingli has proved to be an excellent partner and reliable supplier since we first cooperated on the 24 MW Pavana Solar Park, also located in Honduras. We have the utmost confidence in their team's ability to meet our projects' unique, complex challenges. We value our long-term partnership, and look to Yingli as a preferred supplier for the remainder of our project pipeline in Central America and the Caribbean. "

Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy, remarked, "By investing in highly sophisticated regional operations for key emerging markets like Latin America, we have differentiated Yingli as the supplier that truly understands local market requirements and can provide superior service. This strategy is bearing fruit in Central America, particularly as markets mature, solar-friendly policies are legislated, and larger projects become the norm."

Source: IWR Online, 24 Jun 2015