Merkendorf, 1 September 2008 - Payom Solar AG announces conclusion of additional purchase contract containing the delivery of crystalline solar modules at a total operating performance of 2.0 megawatt with Yingli Green Energy Holding Company Ltd., a leading Chinese manufacturer. Deliveries should be carried out at the end of that quarter. Business transaction is carried out in Euro, so that the company does not have any exchange rate risk. Size of account is at around EUR 6 million for that extraordinary contingent. “By that contract we are able to provide still this year high-quality modules additionally to our existing capacities to our customers. Thereby we are on the one hand able to do justice to the still strong demand and on the other hand we can further push our growth within this year.” CEO Jörg Truelsen said.
About Payom Solar AG: Payom Solar AG is a manufacturer independent system provider of solar plants. The company plans, erects and sells photovoltaic systems both in in-roof-segments and on-roof segments from house installation to industrial large plants and delivers them turnkey to institutional as well as private investors and operators.
2MW大概价值6百万欧元，由于用的是欧元作为交易货币，所以汇兑方面的风险会比较小，供货时间大概在本季度结束。看来YGE一切照常进行，苗在Q2 CC上已经表态说不少09年销售合同会在第4季度陆续签订。现在第三季度就要过去了，相信未来3个月YGE会有更多的销售合同公布。另外从YGE最近几个销售合同看，基本上都是小于10MW的合同，个人认为公司经营还是稳字当先，先从小的来，积少成多，单个合同不一定要很多，但是累计起来就不得了了。同时回顾CC上苗的表态以及公司各项指标，没有太大惊喜，但是公司发展还是稳步提高
Comment: 2MW is small contract, but we should see more of this kind of contracts soon. the strategy of YGE is good as it's trying to get more customers. The broad customer base will help definitely when their production increases starting from 2009.
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