BAODING, China (PRWEB) June 05, 2013
DuPont and Yingli Energy (China) Company Limited (Yingli China), a wholly owned subsidiary of Yingli Green Energy Holding Company Limited (Yingli Green Energy), have 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 aimed at accelerating the broader and faster adoption of solar energy to address the worlds growing energy needs. This agreement is an expansion of a $ 100 million supply agreement between the companies announced in February 2012.
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 optimize the efficiency and durability of our products. Yingli Green Energy has long been committed to making solar affordable for everyone with superior quality products.
Under the terms of the agreement, Yingli China will purchase materials including DuPont Solamet
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