.: DuPont and Yingli Enter Strategic Agreement :.
Commitment to Supply Growing Solar Market Underscores Aim to Reduce Global Dependence on Fossil Fuels
** DuPont and Yingli Energy China Company Limited (Yingli China) have signed a $100 million strategic agreement for photovoltaic materials aimed at accelerating the adoption of solar energy to address one of the world’s biggest challenges – reducing dependence on fossil fuels. Yingli China is a wholly owned subsidiary of Yingli Green Energy Holding Company Limited (Yingli), a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers.
“At Yingli, we have a long-standing commitment to global social responsibility to make solar energy an affordable option for everyone,” said Liansheng Miao, chairman and chief executive officer of Yingli. “The agreement we have signed with DuPont assures our supply of critical, high-quality materials and our continued collaboration on further technological advances to optimize the performance of our solar modules, which illustrates our mission to be a cost leader and provide the best products to customers at the same time.”
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