5N Plus and First Solar partner to expand semiconductor supply agreement.

By Oliver Townsend Jun 4, 2024
5N Plus,  First Solar Renew, Expand Semiconductor Supply Agreement.jpegOrginal image from: https://solarindustrymag.com/5n-plus-first-solar-renew-expand-semiconductor-supply-agreement

5N Plus and First Solar have renewed and expanded their semiconductor supply agreement, further solidifying their partnership in the manufacturing of thin-film PV modules. This collaboration aims to support the global transition to sustainable energy by delivering responsibly produced PV modules. Gervais Jacques, the president and CEO of 5N Plus, expressed his pride in supporting First Solar and reiterated their commitment to providing advanced specialty semiconductors to strategic customers.

Renewal of Supply Agreement

5N Plus is set to increase its supply of cadmium telluride semiconductor materials to First Solar, which are currently used in the Series 6 and 7 PV modules. The agreement includes plans for collaboration on developing and supplying other renewable energy products to enhance cadmium telluride thin-film technology. This extension of the partnership under favorable terms highlights the companies’ shared dedication to advancing sustainable energy solutions.

Strategic Collaboration for Growth

The partnership between 5N Plus and First Solar goes beyond the supply agreement, focusing on joint efforts to drive innovation and improve renewable energy technologies. By working together on the development of new products, both companies aim to support the growth of the thin-film technology sector. This strategic collaboration underscores the importance of industry partnerships in accelerating the transition to a more sustainable energy future.

Commitment to Sustainability

Both 5N Plus and First Solar are committed to sustainability and responsible manufacturing practices. By using advanced semiconductor materials in the production of PV modules, they contribute to the global effort to reduce carbon emissions and promote clean energy solutions. The renewal and expansion of their supply agreement further solidifies their dedication to supporting sustainable energy initiatives worldwide.

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