This March, teamtechnik signed a contract with Yingli to develop polysilicon module production plants in China. As per the agreement, teamtechnik provided Yingli with 21 Stringer TT1200 HS machines, 10 lay-up-stations and on-site support. Although the developments have already been completed in early May, the projects are at present under a one-month stability testing phase.
Additionally Yingli has also established a long-term partnership with teamtechnik for a further cooperation.
The way out
Over the past few years, German PV equipment manufacturers have been struggling as a result of continued overcapacity. Last year, Germanys leading solar equipment manufacturers suffered huge capital losses due to poor sales.
"Due to the current state of the European market and the influence of EU-China solar trade dispute, teamtechnik has shifted away from traditional European markets to emerging markets like China and South Korea," a spokesperson from the company told pv magazine, adding, "Teamtechnik also plans to expand its business into South Asian countries like India."