Heraeus, Yingli Enter Cooperation Agreement


Yingli Green Energy Holding Co. Ltd. and Heraeus have signed a $70 million cooperation and supply agreement.

Heraeus' PV unit, which develops front- and back-side silver paste for crystalline solar cells, will work together with Yingli Green Energy to achieve photovoltaic technology advancements – specifically to reduce the cost-per-watt of solar cells to a new industry benchmark.

Under this new one-year agreement, Heraeus will now dedicate research and development resources in its three technology centers to develop new silver metallization pastes for Yingli Green Energy's N-type silicon solar cells known as PANDA.

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