Wednesday, February 20, 2008

Yingli Signs Deal With Recurrent Energy

Yingli to Provide Recurrent Energy With Solar-Power Modules in Last 9 Months of 2008
February 06, 2008: 11:53 AM EST

NEW YORK (Associated Press) - Yingli Green Energy Holding Co. said Wednesday it agreed to provide Recurrent Energy Inc. with solar-power modules during the last nine months of 2008.

San Francisco-based Recurrent is required to buy a minimum quantity of solar products from Yingli during the period, with options to buy more. The companies did not provide financial terms of the deal or disclose the minimum purchase requirement.

Recurrent develops and operates large rooftop solar-panel installations.

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