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First Solar and XSOL to Establish Supply Agreement in Japan
2014-07-29 13:49

First Solar and XSOL, a distributor and integrator of solar systems in Japan, have signed an agreement to supply First Solar's cadmium telluride (CdTe) thin film modules in Japan. The agreement targets installation of 100 MWDC per year.

Last year, First Solar announced plans to invest $100M in development of utility-scale power projects in Japan. The agreement with XSOL enables First Solar's advanced technology to be supplied to smaller scale projects as well.

"This agreement with XSOL enables us to deliver safe and clean solar electricity on an even broader basis,” said Karl Brutsaert, Head of Business Development for First Solar, Japan. “XSOL is a leader in solar power in Japan, and we look forward to partnering with them to realize solar power's promise in Japan."

First Solar technology generates up to 8% more energy than conventional crystalline silicon modules, and a superior temperature coefficient results in greater energy yield in warmer climates. First Solar modules have also been independently tested to pass accelerated life and stress tests beyond industry standards, indicating best-in-class long-term performance and durability in the harshest operating conditions. By combining higher energy yields and industry-leading reliability, First Solar's advanced thin film solar modules maximize value and minimize risk for customers.

(Photo: A CdTe solar cell array. Photo Credit: Wikipedia)

 
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