By Greentech Lead America: Yingli Green Energy, a global
vertically integrated photovoltaic manufacturer, has entered into a $70 Million
cooperation and supply agreement with Heraeus, a developer of front and
back-side silver paste for crystalline solar cells.
Both companies will work together to achieve significant
photovoltaic technology advancements, specifically to reduce the cost-per-watt
of solar cells.
“As an industry leader, we are overjoyed about our
agreement with Yingli Green Energy since our primary focus is the commitment to
innovation of highly-efficient, yet cost-effective products for our customers,”
said Andy London, PV global manager and vice president of Heraeus Precious
Metals North America.
The Heraeus Photovoltaics Business Unit applies its
innovative technology to the field of photovoltaics, offering silver pastes for
crystalline solar cells. The Heraeus SOL Series of silver pastes is specially
formulated to provide higher efficiencies and wider processing windows,
resulting in better yields and higher output for cell manufacturers.
Under this new one-year agreement, Heraeus will dedicate
R&D resources in its 3 technology centers located in West Conshohocken
(USA), Hanau (Germany) and Singapore to develop silver metallization pastes for
Yingli Green Energy’s high efficiency N-type silicon solar cells, named PANDA.
“Our mission is to provide affordable green energy for
all, therefore, we constantly innovate to enhance the quality and cost
structure of our products. The ability to work closely with Heraeus will help
us remain an industry frontrunner,” said Jingfeng Xiong, vice president of
Yingli Green Energy.
Yingli Green Energy signs agreement with IBC to supply 200 MW of
PV modules in 2012
Recently, Yingli Green Energy signed an agreement with
IBC SOLAR to supply 180 MW of multi-crystalline and mono-crystalline (Panda) PV
modules.