Yingli Solar Continues Expansion in Latin America by Opening New Office in Santiago, Chile

Yingli Solar

Yingli Green Energy Holding Company Limited, the largest vertically integrated photovoltaic module manufacturer in the world, known as “Yingli Solar“, has expanded its footprint in the Americas by opening the Company’s third Latin American office in Santiago, Chile.

To facilitate the opening of the new office and Yingli’s growth in the Chilean solar market, Yingli has brought on Mr. Robert Muhn to serve as Managing Director of Yingli Green Energy Chile. Under his leadership, the Santiago office will initially focus on the country’s burgeoning utility-scale solar market segment, where Mr. Muhn will build on the Company’s track record of success in supplying large-scale solar plants in Latin America. Thanks to its strong partnerships with leading global project developers and EPCs operating in Latin America, Yingli has already deployed more than 25 megawatts (MW) of solar modules in Chile.

Chile is a high-potential solar market and home to some of the strongest solar irradiation in the world, particularly in the Atacama Desert,” noted Mr. Robert Muhn, Managing Director of Yingli Green Energy Chile, “While we see tremendous growth potential in Chile’s utility-scale market, we also anticipate that the country’s relatively high electricity prices and strong solar resources will provide a foundation for a thriving and sustainable distributed generation market in the future.”

As demonstrated by the Company’s long-standing presence in the region, the South and Central American solar energy markets are a major strategic priority in Yingli’s long-term global development plans. In addition to Yingli’s permanent offices in Mexico City, São Paolo, and Santiago, the Company also maintains warehouses and inventory in both Mexico and Brazil, which expedite and streamline regional module deliveries.

“Our continued investments in Latin America are a reflection of our confidence in this key emerging market’s long-term growth potential,” said Mr. Jeffrey Barnett, ?Vice President of International Sales at Yingli Green Energy Americas. “Thanks to our strong team of professionals across the region, we are establishing lasting partnerships with pioneering companies to help drive the expansion of solar PV across Latin America.”

Led by BrazilChile, and Mexico, the Latin American region is expected to install over 700MW of solar panels in 2014, according to GTM Research. Industry analysts also predict that solar demand in the region will exceed one gigawatt in 2015 and achieve a 50% annual growth rate for the next several years.

About Yingli Green Energy

Yingli Green Energy Holding Company Limited (NYSE: YGE), known as “Yingli Solar,” is the world’s largest photovoltaic module manufacturer in terms of production capacity and shipments. Yingli Green Energy’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 30 regional subsidiaries and branch offices and has distributed more than 9,000 MW PV modules to customers worldwide.

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1 Comment

  • To,
    General Manager
    International Business

    Subject: Proposal for marketing of “Yingli Solar” in Nepal.

    Dear Sir,

    We are a leading agency house, trading company marketing representative, liaison agents, distributors of various international companies and products in Nepal. We represent different international companies and work in Nepal locally. We are a sister concern of ANK construction company private limited Katmandu one of the leading ‘A’ class construction firm Nepal.

    We have a good team of marketing personnel and managers to handle the business effectively. As being promoted by a top construction firm we have a very sound financial base.

    We therefore have the pleasure of expressing our interest to represent your company as a stockiest dealer and distributor for Nepal. At present we have sole agency of Don construction chemicals India Ltd, UK base Construction Chemical manufacturing at Chennai, and BOMAG, compaction equipment’s of Germany, Greaves Cotton Ltd., India, Jisung Heavy Industries Korea. We have represented and bagged big business for Nedeco and DHV cousultaeats BV, the Netherlands since last 20 years.
    # IDMC Office cum Showroom and display center is located on the ring road side of the Lalitpur District where we can find most of the construction equipment offices and showrooms and having the area of (500 sq. meter). From this place we display BOMAG Compaction Equipment, Greaves Cotton Ltd. Road Equipment and JISUNG Hydraulic Breakers.
    # We have a go-down cum workshop located on Gathha Ghar, Bhaktapur. The total area of that is 4000 sq. meter from where all the major maintenance work is being done.

    # Moreover we have opened a showroom in Birgunj as well. It is located on Murli Chowk, Birgunj and having the area of 2000 sq. meter for display and stocking the products that we are dealing.

    Service Support:
    We already have the infrastructure and man-power to provide the world class service to customer.

    Stocking of “Yingli Solar”:
    There might not be any problem regarding the stock management of “Yingli Solar” as well as spare parts.

    Therefore we would like to request you to kindly provide us an opportunity to work for your esteemed organization, that we could be promote your “Yingli Solar” in Nepalese market.
    For more details please visit our web site: – http://www.idmcnepal.com
    Best Regards,

    Purushottam Subedi (PURU)
    Managing Director

    Cell: +977- 9851023873 / 9801023873

    Tel No. : +977-1- 6207017/ 5203186
    email : [email protected] / [email protected]
    URL : http://www.idmcnepal.com

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