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First Solar investing $270m in R&D innovation center in Perrysburg, Ohio

What happened

First Solar is investing $270 million to build a dedicated R&D innovation center in Perrysburg, Ohio, near its existing manufacturing plant. The investment aims to advance the company's cadmium telluride (CdTe) thin-film photovoltaic technology. Neutral: This long-term R&D commitment has no immediate impact on semiconductor supply, demand, or pricing for traders.

Impact and signal

Low impactImpact score: 10/100

Affected components and suppliers

CdTe Photovoltaic Modules
First Solar Inc
R&Dcapacity-expansionthin-film

Source and time

Source: Semiconductor Today · 10/28/2022 · View original source

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