TEMPE, Ariz. --(BUSINESS WIRE)--First Cuna, Inc. (Nasdaq: FSLR) today announced it incorporates set yet another
world record regarding cadmium-telluride (CdTe) photovoltaic (PV) basic research
cell conversion efficiency, achieving twenty-one. 5 percent efficiency certified
at the Newport cigarettes catalog Corporation's Technology and Applications Centre (TAC) PV
Lab. The full satisfaction places First Solar ahead of the nation's established
research cell roadmap, furthermore validates CdTe's continuing competitive
Signifying that production-scale performance is upholding pace with
record R&D progress, First Solar has also announced the nation's commercial
modules have passed Atlas 25+® certification following a rigorous tier
The record-setting research cell have been constructed at the company's
Perrysburg, Oh manufacturing factory and Research in addition to Development Center
using processes furthermore materials suitable for commercial-scale
manufacturing. Unquestionably the record has been documented in the Circumstance. S. Department of
Energy's Internal Renewable Energy Laboratory (NREL) "Best
Investigate Cell Efficiencies" reference chart. This gives lingual braces the eighth
substantial update to CdTe record efficiency since 2011, stringently
establishing a sustained trend created by rapid performance improvements.
"Our fashionable research cell efficiency record is because continued
learning in the material art and device physics of CdTe solar
cells, " said Raffi Garabedian, First Solar's Chief Technological innovation Officer.
"Our work is not required for isolation, but is in part the result of the many
fruitful collaborations we have who has academia, national labs, and regarding our
industrial partners, most notably GE Transnational Research. The learning has
enabled our business to further optimize our fabrication things and thereby
boost the performance created by practical devices further towards the
The real value of improved cell efficiency, Garabedian noted, comes from
the translation while using the science into commercially viable product who has
improved power output and staying power density. "By virtue of our allaround
thin film manufacturing process furthermore our dedication to science-based
design-for-reliability, First Solar is unique in its consume rapidly
scale such new progress into cost-effective and reliable thing, "
Garabedian emphasized that Principal Solar's significant sustained
investment by development of CdTe technology has get the company to
meet or exceed its invasive projections for improvements in basic research
cells and modules, as well as introduced to the market technology. In March of
2014, First Solar presented a engineering roadmap anticipating a 22
for each research cell efficiency milestone by 2015. "Given the slope created by
our research cell improvements thought fact that it's still February, we are going to
remain confident that we'll meet or even exceed our roadmap expectations, "
Atlas 25+ Certification Raises the Bar for toughness
First Solar's focus on module longevity continues to yield results for
is sold products. In late January, First Solar's
production PV modules achieved Atlas 25+ certification status following
a great rigorous series of long-term combined-stress the environmental exposure
The Atlas 25+ official certification stresses durability and degradation vs
accelerated environmental conditions experienced by long-term service.
According to Azmat Siddiqi, Senior Vice President for Quality furthermore
Reliability, First Solar modules got through the Atlas 25+ stress kundenmeinungen for
all parameters, including drive output, insulation resistance and ocular
damage in the hot/arid, subtropical, temperate and "global composite"
"The segments were tested against the most exacting standards
available, " said Siddiqi. "We are proud to note about that performance of our
production modules is just evolving hand in hand with other technology
steps. " Siddiqi said testing have been conducted by Atlas Material Trying out
Technology, and that formal certification renseignement will be issued
by SGS, a number one inspection, verification, testing and official certification
organization recognized for providing mundial benchmarks for quality and
Unquestionably the Atlas 25+ results and recent 1500V PID Free certification add to
Principal Solar's growing list of extended component reliability accolades,
which include market-leading ends up in Thresher, Long Term Sequential
and IEC 60068 Desert Sand Resistance kundenmeinungen that independently confirm
suitability regarding sustained operation in the world's hardest climates.
First Solar is a best rated global provider of comprehensive making use of
(PV) solar systems which use the nation's advanced module and system engineering.
The company's integrated power plant services deliver an economically
attractive alternative to popular fossil-fuel electricity generation today. At
raw material sourcing through end-of-life module recycling, First
Solar's sustainable energy systems protect and enhance the community.
For more information about First Solar, much more www.firstsolar.com.
This release contains forward-looking statements which are made pursuant
on to safe harbor provisions of the Personalized Securities Litigation Reform
Act created by 1995. These forward-looking statements bring statements, among
other things, concerning: regarding our business strategy, including anticipated
fashions and developments in and leader plans for our business and the
foreign exchange market in which we operate; future market results, operating
results, revenues, nasty margin, operating expenses, products, expected
costs, warranties, solar module results and balance of systems
("BoS") cost reduction roadmaps, restructuring, thing reliability and
capital expenditures; regarding our ability to continue to reduce the cost in a
watt of our solar modules; regarding our ability to reduce the costs to construct
making use of ("PV") solar systems; research and development
solutions and our ability to improve the turn that traffic into profits efficiency of our
solar modules; prospective initiatives; and competition. These
forward-looking statements are often characterized by the use of phrase
such as "estimate, " "expect, alone "anticipate, " "project, " "plan, " "intend, "
"believe, alone "forecast, " "foresee, " "likely, " "may, " "should, alone "goal, "
"target, " "might, " "will, " "could, alone "predict, " "continue" and the
lousy or plural of these words along comparable terminology.
Forward-looking statements are merely predictions based on our current
demands and our projections about financial situation events. You should not
place undue dependence on these forward-looking statements. We both undertake
no obligation to add new content to any of these forward-looking statements for any
induce. These forward-looking statements involve seen and unknown
risks, uncertainties, along factors that may cause our current
results, levels of activity, performance, or perhaps a achievements to differ
materially from individuals expressed or implied by the statements above. These
factors include, but are actually limited to, the matters discussed by Item
1A: "Risk Factors, alone of our Annual Report on Way 10-K for the year ended
The end of the year 31, 2013, Quarterly Reports across Form 10-Q, Current Reports across
Form 8-K and other reports archived with the SEC.
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