First Solar and 5N Plus extend materials supply deal

High-purity metals and compounds supplier 5N Plus, Inc. has amended the materials supply contract with First Solar to run for an extra year to the end of July 2013. The companies have also agreed to increase the minimum amount of cadmium telluride (CdTe) ordered by First Solar by 50%.

5N Plus supplies cadmium telluride and cadmium sulphide to First Solar for use in the company’s thin-film modules. The agreement was amended in August 2008 to extend the original deal to run until 2012, and also included a 50% minimum order increase.