One of the world’s leading solar photovoltaic (PV) manufacturers has signed a cooperation and supply agreement with SiC Processing AG.
Under the terms of the agreement, SiC Processing will expand the capacity of its on-site facility (located inside Yingli Green Energy's manufacturing facilities in Baoding) from 15,000 tons to 30,000 tons p.a. by the third quarter of 2010. This facility will be used exclusively to recycle exhausted cutting slurries generated by Yingli Green Energy. In addition, SiC Processing will supply all of the recycled cutting slurries to Yingli Green Energy through the end of 2020.
“The cooperation is expected to further enhance the Company's cost advantages through the reduction of time and costs associated with recycling, packing and transportation, as well as further improve the Company's overall operating efficiency” according to Yingli.
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