First Solar signed an agreement to supply the company’s cadmium telluride (CdTe) thin film modules to XSOL in Japan.
The deal will target an installation of 100 MW annually, on the heels of First Solar’s 2013 announcement that it planned to invest $100 million in the development of mega solar power projects in the island nation. The agreement with XSOL enables First Solar’s advanced technology to be supplied to smaller scale projects as well.
First Solar technology generates up to 8% more energy than conventional crystalline silicon modules, and a superior temperature coefficient results in greater energy yield in warmer climates. First Solar modules have also been independently tested to pass accelerated life and stress tests beyond industry standards, indicating best-in-class long-term performance and durability in the harshest operating conditions. By combining higher energy yields and industry-leading reliability, First Solar’s advanced thin film solar modules maximize value and minimize risk for customers.
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