A new supply and technology agreement has been signed between DuPont and Yingli Green Energy worth US$100 million.
The agreement is an extension of a similar deal struck early last year between the two companies but also includes a partnership in which Yingli Green will supply PV systems for a DuPont facility in China that could extend to other DuPont properties in the country as well as non-DuPont properties.
“Materials are critical to help ensure our solar panels provide superior power output for their 25-year expected lifetime, or longer,” said Liansheng Miao, chairman and chief executive officer, Yingli Green Energy. “The agreement we have signed with DuPont assures our supply of high-quality materials that have proven performance and our continued collaboration on further technological advances to optimise the efficiency and durability of our products.”
Under the terms of the lates agreement, Yingli China is expected to continue to purchase DuPont’s ‘Solamet’ range of metallisation pastes for solar cells and ‘Tedlar’ polyvinyl fluoride film for module encapsulation requirements.
The companies also extended their collaboration on R&D efforts to develop next generation high-efficiency solar cells and modules, including co-marketing activities.
David B. Miller, president, DuPont Electronics and Communications said: “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.”