Info
Info
News Article

5N Plus To Deal With All First Solar`s Compound Semiconductor Needs

The producer of specialty metal and chemical products will benefit from the continued growth associated with the CdTe solar cell manufacturer until 2019
5N Plus, has entered into new supply agreements with First Solar, covering its compound semiconductor needs until March 31st, 2019. The company has renewed its existing CdTe supply agreement and the compounds' by-products recycling agreement.

In addition, a new supply agreement broadly covering all of First Solar's other compound semiconductor needs up to March 31st, 2019, has also been concluded.

Under the new agreements, First Solar has agreed to exclusively purchase from 5N Plus, all the CdTe required by First Solar on a worldwide basis for the manufacturing of solar photovoltaic modules.

"We are very pleased to have extended our agreements with First Solar until 2019, enabling us to bring our relationship with this important customer to another level. While we conceded competitive pricing, we believe that this will be largely compensated over the course of the next quarters by the increase of sales volume providing us with a solid and predictable revenue stream for the next five years," says Jacques L'Ecuyer, President and Chief Executive Officer of 5N Plus.

"First Solar remains committed to reducing solar module cost and improving efficiency, and we intend to be their preferred solution for doing so through our close technical and commercial relationship. We strongly believe that these new supply agreements will allow 5N Plus to benefit from continued growth associated with First Solar's leading position in the solar market," he adds.

"5N Plus has been and continues to be a critical supplier to First Solar. These agreements support our plans to increase the competiveness of CdTe based solar modules and are in line with our corresponding roadmap aimed at achieving this," notes Tymen de Jong, Senior Vice President of Global Operations of First Solar, Inc.





AngelTech Live III: Join us on 12 April 2021!

AngelTech Live III will be broadcast on 12 April 2021, 10am BST, rebroadcast on 14 April (10am CTT) and 16 April (10am PST) and will feature online versions of the market-leading physical events: CS International and PIC International PLUS a brand new Silicon Semiconductor International Track!

Thanks to the great diversity of the semiconductor industry, we are always chasing new markets and developing a range of exciting technologies.

2021 is no different. Over the last few months interest in deep-UV LEDs has rocketed, due to its capability to disinfect and sanitise areas and combat Covid-19. We shall consider a roadmap for this device, along with technologies for boosting its output.

We shall also look at microLEDs, a display with many wonderful attributes, identifying processes for handling the mass transfer of tiny emitters that hold the key to commercialisation of this technology.

We shall also discuss electrification of transportation, underpinned by wide bandgap power electronics and supported by blue lasers that are ideal for processing copper.

Additional areas we will cover include the development of GaN ICs, to improve the reach of power electronics; the great strides that have been made with gallium oxide; and a look at new materials, such as cubic GaN and AlScN.

Having attracted 1500 delegates over the last 2 online summits, the 3rd event promises to be even bigger and better – with 3 interactive sessions over 1 day and will once again prove to be a key event across the semiconductor and photonic integrated circuits calendar.

So make sure you sign up today and discover the latest cutting edge developments across the compound semiconductor and integrated photonics value chain.

REGISTER FOR FREE

VIEW SESSIONS

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
×
Logo
×
Register - Step 1

You may choose to subscribe to the Compound Semiconductor Magazine, the Compound Semiconductor Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}
Live Event