Yingli Green Energy Contracts With Sailing New Energy Resources

Yingli Green Energy Holding Co. Ltd. has entered into a polysilicon supply contract with Sailing New Energy Resources Co. Ltd. Under the terms of the contract, Sailing will supply polysilicon to Yingli Green Energy from the fourth quarter of 2008 through the end of 2010.

The total amount of polysilicon to be supplied under this contract will allow Yingli Green Energy to produce a total of 160 MW to 200 MW of PV modules, subject to the production ramp-up schedule of Sailing and further negotiations between the two companies.

SOURCE: Yingli Green Energy

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