Canada-based specialty metals firm, 5N Plus said it had secured a series of multi-year contracts for the supply of semiconductor materials (CdTe) and ancillary services deal with leading CdTe thin-film PV module manufacturer, First Solar.
Leading CdTe thin-film PV manufacturer First Solar may be benefiting from increased demand for its modules from utility-scale customers in the US, which has resulted in the announcement of a new 1.2GW Series 6 module production plant, yet bookings in Europe are fast approaching 1GW.
Leading integrated high-efficiency monocrystalline module manufacturer and ‘Silicon Module Super League’ (SMSL) member LONGi Green Energy Technology set a new solar industry R&D expenditure record in 2017, not only surpassing the two historical leaders, First Solar and SunPower, but also spending more in one year than any PV manufacturer to date.
The revival of European thin-film manufacturing equipment suppliers in 2017 proved to be remarkable and more importantly is expected to continue through 2018 as the solar industry works through a wave of new orders, primarily from China, Malaysia and Vietnam.
Leading CdTe thin-film module manufacturer First Solar is increasing its shipment guidance for 2018, due to plans to bring back online 180MW of mothballed Series 4 module capacity at its Perrysburg, Ohio manufacturing facility.
The major manufacturing transition by First Solar to its large-area Series 6 CdTe thin-film module format is well underway and, going by recent management commentary in its fourth quarter 2017 conference call with financial analysts, has increased its tempo slightly, not least due to updated spending plans for the second time in a few months.
A day after First Solar and SunPower agreed the sale of its JV yieldco to Capital Dynamics, the asset management firm has announced plans to build a 1GW PV power plant in Nevada using US made solar modules for clients such as technology infrastructure firm, Switch.
First Solar and SunPower have agreed to sell their Joint Venture solar power plant yieldco, 8point3 Energy Partners, to energy investment firm Capital Dynamics, Inc., for US$977 million in equity value and about US$1.7 billion in enterprise value in an all cash transaction.
Leading thin-film manufacturer First Solar highlighted at its 2017 Analyst Day event that it had recently fabricated the first functional CdTe Series 6 thin-film panel at its Perrysburg, Ohio plant, which is spearheading the transition to the larger format at all of the company’s manufacturing plants based in Malaysia and Vietnam.
Leading thin-film manufacturer First Solar said at its 2017 Analyst Day event that it was already building its second CdTe module plant in Vietnam to support the transition to its Series 6 large format panel.