1 May 2018

5N Plus secures multi-year supply contracts to supply materials and services to First Solar

© Semiconductor Today Magazine / Juno PublishiPicture: Disco’s DAL7440 KABRA laser saw.

Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has secured a series of multi-year contracts for the supply of semiconductor materials and ancillary services associated with the manufacturing of cadmium telluride (CdTe) thin-film photovoltaic (PV) modules by First Solar Inc of Tempe, AZ, USA.

5N Plus provides purified metals such as bismuth, gallium, germanium, indium, selenium and tellurium, and also produces related II-VI semiconducting compounds such as cadmium telluride (CdTe), cadmium sulphide (CdS) and indium antimonide (InSb) as precursors for the growth of crystals for solar, LED and eco-friendly materials applications.

Since 2007, 5N Plus has been a key supplier of semiconductor compounds and related services to First Solar, and over this period several long-term contracts have been signed and executed between the two companies. Given 5N Plus’ current position in this sector, the new contracts are not expected to require additional investments by 5N Plus. The terms of the contracts will be in effect until early 2021 and will rely on the global asset-base and capabilities of 5N Plus across Asia, Europe and North America.

“We are very pleased to continue to foster what is undoubtedly a time-tested mutually rewarding partnership between 5N Plus and First Solar,” says Nicholas Audet, executive VP – Electronic Materials. “In 2016, our management unveiled its strategic plan 5N21, which included continued leadership in the renewable energy sector among the list of targeted achievements. The conclusion of these agreements is clearly an enabling step toward that ambition,” he adds. “The specialty semiconductor market is a natural growth space for the future development of 5N Plus, with the segment Electronic Materials’ range of advanced semiconductor products ideally positioned to enable our customers across a spectrum of applications to competitively serve their end markets.”

See related item:

5N Plus consolidating operations

Tags: 5N Plus

Visit: www.5nplus.com