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
August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.