Yingli Green Energy’ wholly-owned subsidiary Yingli Green Energy International has signed an agreement with AMB Energia Wytwarzanie, a subsidiary of AMB Energia, to co-develop 30MW of solar projects in Poland.
Under the terms of the agreement, AMB Energia as a local partner will fully develop the projects while Yingli will provide support throughout all project stages.
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The team aims to sell the turn-key projects to investors.
The agreement is a part of Yingli Green Energy’s strategy to transform from a pure module supplier into a provider of integrated solar energy services by identifying and working with local partners in key markets across the globe.
"As a leading developer in Poland, AMB Energia will engage in all stages of the development phases of the solar PV projects. This partnership will furthermore enhance our strong position in the project business as well as in the Polish market."
AMB Energia chief executive officer Przemyslaw Pieta said: "It is a great honor to cooperate with the world’s leading PV manufacturer on the development, implementation and commissioning of projects.
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By GlobalData"We believe that the investment in a pipeline of early-stage project opportunities will bear fruit as early as in 2015."
Image: Yingli Green Energy and AMB Energia Wytwarzanie to jointly develop 30MW solar projects in Poland. Photo: courtesy of franky242 / Freedigitalphotos.net.
