Germanium solar cell substrate producer Sylarus Technologies has entered into a long-term germanium feedstock supply and recycling agreement with 5N Plus. The deal is supported by 5N Plus agreeing to the subscription of a convertible debt in Sylarus, which in turn supports the substrate manufacturers’ expansion plans.
“Sylarus is one the very few germanium substrate suppliers used for high-efficiency solar cells in both space and terrestrial applications,” commented Jacques L’Écuyer, 5N Plus president and CEO. “This is an area of the solar market that we were not addressing through our existing product offering. Together with the supply and recycling agreement we entered into with Sylarus, this financing further strengthens our germanium-related activities and provides a valuable outlet for our subsidiary Firebird’s line of products.”
Sylarus and 5N Plus will also recycle various germanium-containing residues coming from the crystal-growing and wafer manufacturing activities.