星期三, 16 7 月, 2025
Home PV Technology Yingli Green Energy inks USD 70 million deal with Heraeus

Yingli Green Energy inks USD 70 million deal with Heraeus

China Knowledge reported that Yingli Green Energy Holding Co Ltd a vertically integrated photovoltaic product manufacturer has signed a USD 70 million worth of contract with Heraeus Holding a globally active precious metals and technology company based in Hanau, Germany.


Pursuant to the agreement, Heraeus will dedicate resources in its three R&D centers located in Hanau, West Conshohocken of the US and Singapore to develop silver metallization pastes for Yingli Green Energy high-end solar cells.


New York listed Yingli Green Energy which maintains a balanced vertically integrated output capacity of 1,700 megawatts per year expects to start initial production on capacity expansion projects in Haikou, Tianjin, Hengshui and Baoding by 2012 with a total additional capacity of 750 MW.


The Chinese photovoltaic product maker yesterday announced plans to secure a USD 324 million of loan from China Development Bank to launch a wholly owned subsidiary in Hong Kong to enhance its presence in the international market.

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