DuPont and Yingli Energy (China) Company Limited, a wholly owned subsidiary of Yingli Green Energy Holding Company Limited signed a new one year, $100 million strategic agreement that includes the supply of advanced solar materials, the installation of a solar power plant and co-marketing initiatives.
Under the terms of the agreement, Yingli China will purchase materials including DuPont Solamet photovoltaic metallization pastes that help boost the power output of solar cells and DuPont Tedlar polyvinyl fluoride film that protects solar panels even in the harshest environmental conditions.
The companies also will extend their collaboration to include the installation of a solar energy plant at a DuPont facility in China using panels made with advanced materials from DuPont, and will potentially expand installation of similar plants to additional DuPont sites or other commercial projects in China.
Yingli China and DuPont further agreed to extend their collaboration on technology to develop the next generation of high-efficiency solar cells and modules, and on co-marketing activities.
“This agreement further expands our strategic relationship, and we look forward to working even more closely with Yingli to deliver superior quality solar panels that will continue to accelerate the adoption of solar energy to meet the growing global demand for energy,” said David B. Miller, president, DuPont Electronics and Communications.
