Cadmium telluride (CdTe) thin-film photovoltaic modules First Solar Inc of Tempe, AZ, USA and JX Nippon Oil & Energy Corp (Japan's leading distributor of oil and other energy solutions) have signed an agreement for the distribution of First Solar’s modules in Japan through April 2015. As part of the agreement, First Solar will develop and manufacture the new technology obtained through the acquisition of TetraSun of San Jose, CA, USA (announced in April). JX Nippon is the market leader in Japan in refining and marketing oil through its ENEOS brand, and is also engaged in new energy business, aiming to become an integrated energy company.
Developed with a unique and revolutionary PV cell architecture, and an innovative manufacturing process combining the consistency of conventional crystalline silicon technology with the high performance of high-end monocrystalline technologies, the First Solar’s TetraSun offering allows Japanese consumers’ access to technology that is high on efficiency, performance & quality, the firm claims.
“JX’s far-reaching distribution and our technology expertise will combine to deliver high-quality solar power solutions to Japan,” reckons First Solar’s CEO James Hughes. “This agreement reinforces First Solar’s commitment to deliver safe, clean, and sustainable solutions to meet Japan’s unique energy needs and energy security goals.”
