Jan. 27, 2014 - Yingli Green Energy, known as "Yingli Solar," today announced that its wholly-owned subsidiary, Yingli Green Energy Singapore Company Pte. Limited ("Yingli Singapore") will supply 2MW of solar modules to Maqo Technologies (M) Sdn Bhd. ("Maqo Solar"). The Company's multicrystalline YGE Series solar modules, which will be delivered throughout 2014, will generate enough electricity for approximately 500 typical Malaysian homes.
"We are delighted to continue working with Yingli Green Energy and to maintain our strong partnership that's been in place since 2011. We are firmly committed to developing and providing green energy solutions to Malaysia, and believe that Yingli Green Energy is undoubtedly our best solar module provider. We selected Yingli Green Energy because their track record for product quality is validated by independent testing and assessments - and that gave us strong assurance in Yingli Solar modules' long-term reliability," said Colen Lau, General Manager of Maqo Solar.
"We are pleased to announce today's supply agreement with Maqo Solar, which marks the expansion of our exemplary, committed partnership," commented Angie Koh, Business Development Director of Yingli Singapore. "We value Maqo Solar as a key strategic partner in Southeast Asia, and anticipate that our relationship will spur the development of green energy solutions across Malaysia."