DuPont (Wilmington, Delaware, US) and Yingli Green Energy Holding Company Ltd. (Baoding, China) have signed a one-year, USD 100 million agreement which includes materials supply, the building of a solar photovoltaic (PV) plant of unspecified capacity in China and co-marketing initiatives.
This agreement is an expansion of a previous USD 100 million supply agreement between the two companies. Under the agreement, Yingli will purchase materials including DuPont Solamet metalization pastes and Tedlar polyvinyl fluoride film, and the two companies will extend a PV technology collaboration.
“Materials are critical to help ensure our solar panels provide superior power output for their 25-year expected lifetime, or longer,” said Yingli Chairman and CEO Liansheng Miao. “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 optimize the efficiency and durability of our products.”
In addition to building the PV plant in China, the companies say that they plan to expand installation of similar plants to additional DuPont sites or other commercial projects in China.