Cadmium Telluride Solar Advantages Part of Strategic ...

A new collective effort is underway to accelerate the development of domestically produced, cost-effective, and efficient CdTe solar cells.

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Vancouver, BC, Canada, February 1, ' First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the 'Company' or 'First Tellurium'), reports that a recent article in Solar Power World emphasizes the growing significance of cadmium telluride (CdTe) solar cells in solar energy generation and national security. The article notes that the demand for American-made CdTe solar panels is outstripping supply, partly due to recent bans on Chinese silicon solar panels.

The article, titled 'Accelerating CdTe Solar Panel Adoption Can Make U.S. Solar More Secure,' highlights that CdTe solar panels play a crucial role in the green energy transition and are predominantly used in utility-scale projects across the United States. 

'As industry dynamics favor the ongoing exponential growth of cadmium-telluride solar panels,' remarked First Tellurium President and CEO Tyrone Docherty. 'With an expanding market, new primary sources of tellurium will be essential. This is why we are strategically positioned as a leader in tellurium exploration within North America.'

CdTe photovoltaics, which are a type of thin-film solar cell composed of cadmium, tellurium, and other materials, present significant advantages over conventional silicon solar cells. They are more affordable to produce, require less energy in manufacturing, and exhibit superior efficiency in converting sunlight into electricity. CdTe technology boasts a theoretical maximum conversion efficiency exceeding 31%, and it has ample room for growth.

Historically, CdTe panels have faced stiff competition from silicon solar panels produced in China. However, allegations of forced labor in the Xinjiang region have led the U.S. government to ban more than 1,000 shipments of solar energy components following legislative actions aimed at prohibiting imports from this solar manufacturing region.

As noted by Solar Power World, 'The Cadmium Telluride Accelerator Consortium (CTAC), which includes various research teams, universities, and companies, is dedicated to accelerating the development of affordable and efficient CdTe solar cells made in the U.S., thereby making solar panels more accessible for consumers.'

'While solar power remains the primary consumer of tellurium,' noted Docherty, 'emerging technologies such as lithium-ion batteries will contribute to the sustained increase in tellurium demand.' First Tellurium's strategic partner, Fenix Advanced Materials, along with the University of British Columbia, is leading research on the utilization of tellurium in next-generation lithium-ion batteries.

About First Tellurium Corp.

First Tellurium operates on a unique business model that focuses on generating revenue through mineral discovery, project development, project generation, and sustainable exploration on Indigenous territories.

Our polymetallic (tellurium, gold, silver, copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado serve as cornerstones for a diversified search for metals while collaborating with Indigenous communities, NGOs, and leading metals purchasers. This represents the future of mineral exploration: generating revenue responsibly and utilizing diverse partnerships.

First Tellurium is committed to and supports the principles enshrined in the United Nations Declaration on the Rights of Indigenous Peoples, particularly the notion of free, prior, and informed consent.

On behalf of the board of directors of First Tellurium Corp.

'Tyrone Docherty'

Tyrone Docherty

President and CEO

For further information please contact:

Tyrone Docherty

604.789.

Goto Boyang to know more.

Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or accuracy of this release.

Forward-looking information

EXCELLENT POWER GENERATION PERFORMANCE

ASP S1, S2, S4 series CdTe thin film modules exhibit high efficiency and have a proven track record in power generation performance.

Compared to crystalline silicon solar modules, CdTe thin film modules generate 5-10% more electricity on average each year.

(PHOTOʼs 2nd Thin Film Conference)

HIGH CONVERSION EFFICIENCY

Cadmium Telluride is a semiconductor with a high absorption coefficient—100 times greater than silicon. The band gap of cadmium telluride is more suitable for photovoltaic energy conversion than silicon. To absorb the same light energy, the thickness of the cadmium telluride film is merely one-hundredth that of a silicon wafer. Currently, the world record for cadmium telluride thin film conversion efficiency has reached 21% in laboratory settings. The CdTe thin film solar module, sized mm * 600mm, produced by Advanced Solar Power (Hangzhou) Inc., achieves a conversion efficiency of 12% or more. The S1 and S2 series products hold TUV, UL, and CQC certifications.

LOW TEMPERATURE COEFFICIENT

The temperature coefficient of ASP CdTe thin film solar modules is only about -0.21%/', whereas traditional silicon solar modules reach -0.48%/'. In many high solar irradiance regions on earth, the temperature of solar modules during operation can rise to 50' or more. This factor exerts a greater impact on the conversion efficiency of crystalline silicon modules compared to ASPʼs CdTe thin film modules in actual power generation conditions.

EXCELLENT LOW-IRRADIANCE EFFECT

Cadmium telluride serves as a direct-band-gap material with high absorption across the entire spectrum. Under low-light conditions, such as during dawn or dusk, the power generation performance of CdTe thin film solar modules is proven to exceed that of crystalline silicon modules, which utilize an indirect band gap material.

GOOD STABILITY

No intrinsic light-induced degradation effects.

LOW HOT SPOT EFFECT

The elongated structure of CdTe thin film modules helps to minimize the hot spot effect, significantly enhancing power generation capacity while ensuring safety and longevity of the products.

MINIMAL BREAKAGE RATE

Thanks to proprietary technology used in the manufacturing process of ASPʼs CdTe modules, they experience a minimal breakage rate.

EXCELLENT APPEARANCE

CdTe modules are characterized by a uniform color of pure black, providing an aesthetically pleasing appearance that fits well in buildings with high standards for appearance, unity, and energy independence.

For more information, please visit Custom Developer Solutions for Solar Cells.