26 April 2023
5N Plus to increase AZUR’s production capacity by 30% over 2023–2024
Specialty semiconductor and performance materials producer 5N Plus Inc of Montreal, Québec, Canada says that, as a result of previously announced contracts, its subsidiary AZUR SPACE Solar Power GmbH has undertaken concrete actions to increase its capacity by 30% over the course of 2023 and 2024.
“We are investing in activities and equipment to meet the unprecedented demand for our space and terrestrial solar cells, which has created a strong multi-year pipeline of contracted work,” says 5N Plus’ president & CEO Gervais Jacques. “This meaningful capacity increase further strengthens our global leadership position in the sector and is a testament to the quality and diversified applications of AZUR’s advanced solar cell technology.”
The production capacity program, consisting of three components, impacts all AZUR departments, including epitaxy growth, cell production, assembly and testing. First, AZUR has implemented a productivity improvement program, which notably includes an additional shift to the assembly production schedule. In addition, new equipment has been ordered to increase front-end production capacity. Finally, AZUR will be implementing co-investment initiatives to purchase and install additional equipment to improve production yield, promote automation and increase overall production capacity.