TOKYO - First Solar, a global provider of comprehensive photovoltaic (PV) solar energy solutions, and XSOL Co., Ltd., 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 megawatts (MW) DC per year.
Last year, First Solar announced plans to invest $100M in development of mega solar power projects in Japan. The agreement with XSOL enables First Solar's advanced technology to be supplied to smaller scale projects as well.
First Solar technology generates up to 8 percent 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.
Source: http://investor.firstsolar.com/releasedetail.cfm?ReleaseID=862193
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