First Solar to build and operate 100MW CdTe thin film plant in France for ED
First Solar will build and operate a 100MW plus capacity CdTe thin-film plant in France for EDF Energies Nouvelles, equally sharing the capital and start-up costs, with EDF taking all production volumes for a 10-year period. In essence, First Solar has added ‘contract manufacturing’ or ‘foundry’ operations to its evolving business model.
According to the new partners, the new 100MW plus plant will require an initial capital investment of more than €90 million. Full production is planned for the second half of 2011. The location of the site is expected to be announced in the next few months and will also include a facility for recycling solar panels, France’s first such facility and Europe’s only solar panel recycling plant outside of Germany. At full production the entire facility is expected to employ approximately 300 people.
