5N Plus Renews, Increases Semiconductor Supply Agreement with First Solar
Portfolio Pulse from Benzinga Newsdesk
5N Plus Inc. has renewed and increased its semiconductor supply agreement with First Solar, Inc. Under the new agreement, 5N+ will supply more cadmium telluride (CdTe) semiconductor materials to First Solar for manufacturing thin-film photovoltaic solar modules.
June 04, 2024 | 10:19 am
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First Solar has renewed and increased its supply agreement with 5N Plus for cadmium telluride (CdTe) semiconductor materials, which will support the manufacturing of its thin-film photovoltaic solar modules.
The increased supply of CdTe materials from 5N Plus will likely enhance First Solar's production capacity and efficiency in manufacturing thin-film photovoltaic solar modules, positively impacting its stock price.
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