DuPont and Yingli Energy Company Limited have signed a $100 million strategic agreement for photovoltaic materials to speed adoption of solar energy. The agreement expands a current commercial relationship between the companies into a more strategic relationship with long-term benefit to both.
The agreement was signed in Washington, D.C., in a ceremony organized by the U.S. Department of Commerce and the Ministry of Commerce People’s Republic of China, and hosted by the U.S. Chamber of Commerce.
Under terms of the agreement, Yingli will purchase photovoltaic materials, including DuPont™ Solamet® photovoltaic metallization pastes used in solar modules and protective backsheet for solar modules made with DuPont™ Tedlar® polyvinyl fluoride film.
Yingli China is a wholly owned subsidiary of Yingli Green Energy Holding Company Limited, a leading solar energy company and one of the world’s largest integrated photovoltaic manufacturers.
Image: Liansheng Miao, chairman and chief executive officer of Yingli and Dave Miller, president DuPont Electronics & Communications © DuPont