Yingli Green Energy Holding Company Limited one of the world`s leading solar panel manufacturers, today announced that its wholly owned subsidiary, Yingli Green Energy Europe, S.L. has signed an agreement with Jenner Renewables, to provide Engineering, Procurement and Construction (EPC) services for 12 ground-mounted PV plants in Chile, with the total capacity of 146MW.

The project is divided in 2 phases: Cluster 1 includes 4 PV plants and the construction will begin in February 2018 with expected operation by June 2018; Cluster 2, including 8 PV plants, will begin by the completion of Cluster 1. As the EPC contractor and exclusive solar panel supplier for the project, Yingli will supply its multicrystalline modules type YL325P-35B. Upon completion, each PV plant is anticipated to avoid 20.8 tons of CO2 per year. EPC contractors and project developers, we are also seeking opportunities in some specific countries or cooperation with some specific partners to provide EPC services, which we believe could bring higher added value to our high quality products and therefore increase our service level.

EPC, which proves the adequate service level, competitive advantage and capabilities from Yingli Solar. This contract is a milestone for us in Latin American region and we will continue to develop the business unit and strengthen our local presence. The framework agreement within both companies includes a pipeline above 1GW, which demonstrates the trust and commitment between Yingli and Jenner Renewables.