PVTIME – On June 21, Huaming Power Equipment Co., Ltd. (002270.SZ), a company mainly engaged in power equipment and power engineering, has signed a Strategic Cooperation Framework Agreement with Yingli Energy Development, a subsidiary of Yingli Solar, to carry out all-round cooperation in photovoltaic industry.
According to the Agreement, the two sides would like to promote the cooperation at the equity level, and they will share resources and develop a low-cost and high-efficiency business model for the development, investment, construction, operation and maintenance of photovoltaic power plants overseas, such as PV projects in Americas and Europe.
The two sides will use their respective advantages to develop new projects in the form of joint bidding, providing comprehensive products and technical support, and integrated photovoltaic solutions. Meanwhile, the priority will be given to each other if one of them has to purchase product or equipment for its domestic or overseas projects.
This framework document for cooperation between the two parties does not involve specific amounts, the follow-up project cooperation will be subject to the specific project agreement signed later.
, a company mainly engaged in power equipment and power engineering, has signed a Strategic Cooperation Framework Agreement with Yingli Energy Development,…){kind=link}