Yingli Green Energy Unit Seals $46m Deal

Tianwei Wind Power Co, a wholly owned subsidiary with ¥250 million in registered capital of Baoding Tianwei Baobian (SHA: 600550) which is a transformer, mutual inductor and reactor producer, has secured a contract worth $45.5 million to CBD, an Australian energy company. Tianwei Wind Power will deliver 26 wind power generators with a 1.5MW capacity to CBD's Adjungbily wind farm in New South Wales by November 30, 2011.

Integrated photovoltaic manufacturer Yingli Green Energy (NYSE: YGE) holds a 51.1% stake in Baoding Tianwei Baobian.