Canadian Manufacturing

5N Plus renews supply agreement with First Solar

by CM Staff   

Manufacturing Operations Sustainability Technology / IIoT Energy 5N Plus Energy First Solar Manufacturing operations semiconductor industry Sustainability Technology


Under the agreement, 5N+ will increase its supply of cadmium telluride (CdTe) semiconductor materials to First Solar, for manufacturing thin-film photovoltaic (PV) solar modules.

MONTRÉAL — 5N Plus has renewed its supply agreement with First Solar. Under the agreement, 5N+ will increase its supply of cadmium telluride (CdTe) semiconductor materials to First Solar, for manufacturing thin-film photovoltaic (PV) solar modules. This announcement aligns with 5N+’s plans to increase capacity to serve high‐value, high‐growth end markets.

“We are pleased to have once again successfully extended our longstanding partnership under favourable terms, and proud to support First Solar as they deliver responsibly produced PV modules for the global transition to a sustainable energy future,” said Gervais Jacques, president and CEO of 5N+.

“This agreement with First Solar represents a 50 per cent increase in volume over the next two calendar years compared to our previous agreement, an increase which we will meet as a result of the investments made over the last few years in Montréal and Eisenhüttenstadt, Germany, to increase our semiconductor compound production capacity and recycling capabilities. This will also allow us to expand our semiconductor product portfolio in support of First Solar,” Jacques added.

Mike Koralewski, chief supply chain officer of First Solar said 5N+ is a key part of the company’s supply chain. “We are pleased to extend our longstanding partnership with 5N+ as we continue our journey to growth and expand our global manufacturing footprint to reach an expected 25 gigawatts of nameplate capacity by 2026.”

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As part of the agreement, 5N+ and First Solar will continue to collaborate on the development and supply of other renewable energy products to support the growth and improvement of cadmium telluride thin-film technology.

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