First Solar has entered into a framework agreement with a subsidiary of Silicon Ranch, one of the US’ leading solar project developers, to supply 230MW worth of modules for future projects.
Leading thin-film producer First Solar is planning a major revamp of its next-generation CdTe modules by introducing a new suite of production lines capable of producing large-area (1.2m x 1.8m) ‘Series 6’ modules with 400W output and significantly lower production costs currently achievable with its smaller form factor modules.
Leading cadmium-telluride (CdTe) thin-film producer First Solar has lowered revenue guidance slightly for 2016, while solar module shipments guidance of 2.9GW to 3.0GW remains unchanged.
Leading cadmium-telluride (CdTe) thin-film producer First Solar has set a new world record research cell conversion efficiency of 22.1%, certified at the Newport Corporation's Technology and Applications Center (TAC) PV Lab.
The recent extension to the US investment tax credit (ITC) could enable First Solar to shift emphasis and therefore revenue generation to selling its CdTe thin-film modules to third parties rather than directly to PV power plant projects, according to a research note from Deutsche Bank analyst, Vishal Shah.
