Under the terms of agreement, DC Chemical will supply polysilicon with a value of approximately $39 million to Yingli Green Energy. The delivery period started in April 2008 and will end in December 2008.
Liansheng Miao, chairman and CEO of Yingli Green Energy, said: I am very pleased to announce this new polysilicon supply agreement with DC Chemical. It’s our third contract with DC Chemical since we initiated our relationship at the beginning of 2008. I believe this new supply agreement will reinforce our solid collaborative relationship and provide greater visibility on our 2008 polysilicon supply.
