5N Plus uploaded a News Release
June 4, 2024
5N Plus Inc. Renews and Increases Semiconductor Supply Agreement with First Solar
Release Highlights:
- 5N Plus Inc. has renewed its supply agreement with First Solar, Inc., significantly increasing its supply of cadmium telluride (CdTe) semiconductor materials by 50% over the next two years to support the manufacturing of thin-film photovoltaic (PV) solar modules.
- 5N+ has invested in its Montréal and Eisenhüttenstadt facilities to boost semiconductor compound production capacity and recycling capabilities. This investment enables the company to meet the increased demand and expand its semiconductor product portfolio in collaboration with First Solar.
- The extended partnership supports First Solar’s goal of reaching 25 gigawatts of nameplate capacity by 2026. It includes ongoing collaboration on developing and supplying renewable energy products to enhance cadmium telluride thin-film technology.