Yingli Green Energy receives supply order from S.A.G. Solarstrom; shares rise

SAN FRANCISCO (Thomson Financial) - Yingli Green Energy Holding Co. said Friday it has entered a supply contract with S.A.G. Solarstrom Vertriebsgesellschaft mbH, a solar power company operating in Europe.

Financial terms of the deal weren't disclosed.

Under the contract, Yingli will supply 5.75 megawatts of photovoltaic modules to S.A.G. Solarstrom from June 2008 to September 2008. The modules are expected to be installed in S.A.G. Solarstrom's projects in Italy.

U.S.-listed shares of Baoding, China-based Yingli were up $1, or about 5%, at $20.94. Katherine Hunt kh/vj COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.