Yingli Green Energy Holding Company Ltd. (YGE) and the precious metals and technology group Heraeus, announced the signing of a $70 Million cooperation and supply agreement.
The Heraeus Photovoltaic Business Unit, a leader in developing front and back-side silver paste for crystalline solar cells will work together with Yingli Green Energy to achieve significant 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 R&D resources in its 3 technology centers located in West Conshohocken, USA, Hanau, Germany and Singapore to develop state-of-the-art silver metallization pastes for Yingli Green Energy's high efficiency N-type silicon solar cells, named PANDA.
For comments and feedback contact: editorial@rttnews.com
Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.