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5N Plus Renews, Increases Semiconductor Supply Agreement With First Solar

Benzinga ·  Jun 4 18:19

5N Plus Inc. (TSX:VNP) ("5N+" or the "Company"), a leading global producer of specialty semiconductors and performance materials, today announced that it has renewed its supply agreement (the "Agreement") with First Solar, Inc. ("First Solar") (NASDAQ:FSLR), a leading American solar technology company and global provider of responsibly produced, eco-efficient solar modules. Under the Agreement, 5N+ will increase its supply of cadmium telluride (CdTe) semiconductor materials to First Solar for the manufacturing of thin-film photovoltaic (PV) solar modules. This is aligned with 5N+'s announced plans to increase capacity to serve high‐value, high‐growth end markets.

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