Ozop Secures $2.1 Mn Distribution Agreement with Yingli

Ozop Energy Solutions (Ozop) through its wholly-owned subsidiary, Ozop Energy Systems (OES), has signed an approx USD 2.1 million distribution agreement with Yingli Green Energy Americas (Yingli).

May 03, 2021. By Manu Tayal

Ozop Energy Solutions (Ozop) through its wholly-owned subsidiary, Ozop Energy Systems (OES), has signed an approx USD 2.1 million distribution agreement with Yingli Green Energy Americas (Yingli).

Under the contract, OES will distribute solar photovoltaic (PV) panels of Yingli across the United States starting with its new high-performance YL360D module.

The company said that it has received signed POs in excess of USD 2,100,000 consisting of four containers per month which include the new YLM360 All-Black 120-Cell Modules.

In order to meet the needs of the regional market, Yingli will provide mono products with elegant black frames and sheets, as well as flexible installation methods.

Commenting on the partnership, Brian Conway, CEO of Ozop Energy Solutions, said “I’m extremely pleased to solidify this relationship with Yingli. As one of the world’s largest manufacturers of PV modules, Yingli is known for its R&D capability and high-quality panels.”

The 360-Watt, 120-cell modules are only 3.3 inches taller than the traditional 60-cell footprint, allowing for a more flexible installation, which is preferred by system designers. The amount of power that this module will be producing in a small footprint is significant.

“Yingli brings their A-game, offering the price, quality and availability the market is demanding,” said Tim Toor, Co-Director of Sales of OES.

Speaking on the agreement signed, Cindy Hu, Managing Director of Yingli Green Energy Americas, said “we are honored to reach full cooperation with Ozop Energy Systems. Solar is an effective means of generating electricity. We hope to serve local communities in their transition to solar and an environmentally friendly way of life.”

Meanwhile, Ozop invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. It’s strategy focused on capturing a significant share of the rapidly growing renewable energy market as a provider of assets and infrastructure needed to store energy.

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