Under the terms of the contract, Sailing will supply polysilicon to Yingli Green Energy from the fourth quarter of 2008 through the end of 2010.

The total amount of polysilicon to be supplied under this contract will allow Yingli Green Energy to produce a total of 160MW to 200MW of photovoltaic (PV) modules, subject to the production ramp-up schedule of Sailing and further negotiations between the two companies.

Xiang Xu, CEO of Sailing, said: We are delighted with the contract entered with Yingli Green Energy, a reputable player in the PV industry for its product quality and well-known brand name. This contract will further enhance Sailing’s position as one of the major suppliers of high purity polysilicon in China’s solar industry.