Flexible Electronics News

First Solar to Acquire TetraSun to Expand Addressable Market Opportunity

Breakthrough high-efficiency, low-cost cell technology complements CdTe thin-film

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced it is acquiring TetraSun, a solar photovoltaic (PV) technology startup which has developed a break-through cell architecture capable of conversion efficiencies exceeding 21% with commercial-scale manufacturing costs comparable to conventional multicrystalline silicon solar cells. First Solar signed a definitive agreement to acquire TetraSun from JX Nippon Oil & Energy Corporation and other investors, including TetraSun management. Terms of the transaction, whi...

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