July 31, 2014 - Yingli Green Energy Holding Company Limited today announced that Yingli Green Energy International AG, has entered into a strategic alliance with AMB Energia Wytwarzanie to co-develop 30MW of solar projects in Poland.
Within the framework of the agreement, AMB Energia will fully develop the projects with the strongest support from Yingli throughout all project stages. Both parties intend to sell the turn-key projects to investors.
"In this strategic alliance, the partners will jointly work on co-developing a diversified project portfolio to be ready for inclusion into the auction system in 2015. 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," said Mr. Manuel Seiffe, Head of Project Business, Yingli Green Energy International AG.
"It is a great honor to cooperate with the world's leading PV manufacturer on the development, implementation and commissioning of projects. We believe that the investment in a pipeline of early-stage project opportunities will bear fruit as early as in 2015," said Mr. Przemyslaw Pieta, Chief Executive Officer of AMB Energia S.A.