Yingli Green Energy (NYSE:YGE) is to be the supplier to a large-scale solar power plant in its home continent of Asia. The company announced it had reached a deal for its Singapore subsidiary to supply over 10 MW of its multicrystalline photovoltaic modules to a solar facility in Malaysia.
The customer is Amcorp Power, a local holding company. The facility it operates, located in Gemas, is the biggest single-site PV power plant in the country at roughly 34 acres in total. Yingli Green Energy is to supply over 41,000 of its YGE 60 Cell Series multicrystalline modules to the project.
Financial terms of the deal were not disclosed.
Fool contributor Eric Volkman has no position in Yingli Green Energy. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.