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5N Plus renews and increases multi-year supply agreement with First Solar

What happened

5N Plus has renewed and increased its multi-year supply agreement to provide CdTe semiconductor materials to First Solar for thin-film PV modules. This secures a key, long-term demand channel for 5N Plus's specialty materials amid growing solar capacity. Bullish: The expanded and renewed contract signals stable, increased demand for 5N Plus's materials, reducing supply uncertainty for a key buyer.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

Cadmium Telluride (CdTe) Semiconductor Materials
5N Plus IncFirst Solar Inc
long-term-agreementdemand-commitmentrenewal

Source and time

Source: Semiconductor Today · 9/29/2022 · View original source

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