Wednesday, September 1, 2010

Yingli Green Energy announces five-year polysilicon supply agreement with OCI

BAODING, CHINA: Yingli Green Energy Holding Co. Ltd, a leading solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand "Yingli Solar," has signed a five-year polysilicon supply agreement with OCI Chemical Corp. (OCI), a leading chemicals producer in Korea.

Under the terms of the agreement, OCI has agreed to supply polysilicon with a total value of approximately US$442 million to Yingli Green Energy from 2011 to 2015.

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