Yingli Green Energy (YGE) Signs Recycling Deal With SiC

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07:57:39 am on September 3, 2009

Yingli Green Energy just announced a cooperation and supply agreement with SiC Processing AG to recycle its silicon manufacturing waste. Under the agreement, SiC, which has a processing facility inside Yingli’s Baoding plant,  will double its capacity to be able to handle Yingli’s exhausted siicon cutting slurries, from 15,000 tons to 30,000 tons. The expansion will be completed by next year, and SiC will supply the recycled silicon components exclusively to Yingli until 2020.

In a press release, executives from both companies commented on the news:

“We are delighted to announce the cooperation with SiC for the recovery of exhausted cutting slurries, which we believe will further enhance our position as a leading low-cost PV product manufacturer and environmentally friendly
enterprise,” commented Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “As a renewable energy company, we are committed to powering the world with natural, sustainable and carbon-free
electricity. Working toward that goal, I am very pleased that our efforts to develop more efficient and environmentally friendly manufacturing processes have provided us with both economic rewards and lowered environmental impact.”

“Our cooperation with Yingli Green Energy started in 2007. The first phase of our facility in Baoding, which is our first on-side facility in China, has an annual capacity of 15,000 tons and will start trial operation on September
7, 2009,” commented Mr. Yinzhi Han, General Manager of SiC Processing China. “Yingli Green Energy’s fast growing business provides an excellent basis for our new expansion plan, and we are excited to grow together with our

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