First Solar, JX Nippon Sign Agreement for Next Generation Solar Power in Japan

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First Solar
FSLR
and JX Nippon Oil & Energy Corporation today announced that they have signed an agreement for the distribution of First Solar's high efficiency solar photovoltaic modules in Japan through April 2015. As part of the agreement First Solar, the leading global provider of comprehensive photovoltaic (PV) solar energy solutions, will develop and manufacture the new technology obtained through the acquisition of TetraSun. JX Nippon, Japan's leading distributor of oil and other energy solutions, will distribute the technology. Partnered together, JX Nippon and First Solar will provide solar energy solutions to meet Japan's unique power needs. Developed with a unique and revolutionary PV cell architecture, and an innovative manufacturing process combining the
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