Yingli Green Energy Announces a Five-Year Polysilicon Supply Agreement with OCI

published: 2010-08-31 14:23 | editor: | category: News

Yingli Green Energy Holding Company Limited (NYSE: YGE), a Chinese solar energy company and one of the world's largest vertically integrated photovoltaic manufacturers, which markets its products under the brand "Yingli Solar," announced that it has signed a five-year polysilicon supply agreement with OCI Chemical Corporation ("OCI"), a 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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