27 March 2012 22:48 [Source: ICIS news]
HOUSTON (ICIS)--US DuPont has formed a partnership with Changzhou Trina Solar Energy for the production of photovoltaic materials, DuPont said on Tuesday.
Financial terms of the agreement were not disclosed.
DuPont’s agreement with Trina is the latest in a series of solar related partnerships the company has entered this year.
Last week, DuPont signed an agreement with China Sunenergy and China Electric Equipment Group, under which the companies would collaborate on developing photovoltaics, insulation and aircraft composite materials during a three-year period.
In February, DuPont and Yingli signed a $100m (€75m) agreement for “photovoltaic materials aimed at accelerating the adoption of solar energy”.
Also last month, DuPont and Suntech formed a partnership to “increase the supply of photovoltaic materials and technologies for the growing global market for solar energy”.
DuPont recently expressed concerns that US tariffs levied on Chinese-made solar panels will increase costs and threaten job creation.
Last week, the US International Trade Administration (ITA) said it would impose tariffs of 2.9–4.73% on solar panels made in China. The US tariffs will offset alleged subsidies that Chinese manufacturers receive.
Additional reporting by Lane Kelley
($1 = €0.75)
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