Cadmium Telluride Solar Advantages Part of Strategic ...

New consortium pushes to accelerate the development of domestically manufactured, cheaper, more 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 highlights the increasing importance of cadmium telluride (CdTe) solar cells for generating solar energy and domestic security. The article also notes that demand for American-made CdTe solar is outpacing supply, with supply issues related partially to recent bans on Chinese silicon solar panels.

The article, titled &#;Accelerating CdTe Solar Panel Adoption Can Make U.S. Solar More Secure,&#; notes that CdTe solar panels are an essential part of the green energy transition, with most utility-scale projects in the United States powered by CdTe technology. 

&#;Industry trends continue to support the long-term, exponential growth of cadmium-telluride solar panels,&#; said First Tellurium President and CEO Tyrone Docherty. &#;New, primary sources of tellurium will be in high demand as market coverage expands. This is why we&#;ve positioned First Tellurium to be a leader in tellurium exploration in North America.&#;

CdTe photovoltaics, a type of thin-film solar cell made from a combination of cadmium, tellurium and other materials, offers distinct advantages over traditional silicon-based solar cells. They&#;re cheaper and require less energy to produce, and they&#;re more efficient at converting sunlight into electricity. With a theoretical maximum conversion efficiency of over 31%, CdTe solar technology has yet to reach its full potential for growth.

Historically, CdTe panels have faced competition from Chinese-made silicon solar panels. However, Chinese solar companies have been connected to forced labor in the Xinjiang region, prompting the U.S. government to ban more than 1,000 shipments of solar energy components following a June law banning imports from the solar manufacturing region.

According to Solar Power World, &#;The Cadmium Telluride Accelerator Consortium (CTAC), a group of research teams, universities and companies, is working to accelerate the development of domestically manufactured, cheaper, more efficient CdTe solar cells, making American-made solar panels more affordable and accessible for consumers.&#;

&#;While solar power continues to grow as the leading use of tellurium,&#; said Docherty, &#;new technologies such as lithium-ion batteries will add to the steady rise in tellurium consumption.&#; First Tellurium&#;s strategic partner Fenix Advanced Materials and the University of British Columbia are spearheading development of tellurium use in next generation lithium-ion batteries.

About First Tellurium Corp.

First Tellurium&#;s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in Indigenous territory with sustainable exploration.

Our polymetallic (tellurium, gold, silver copper, tungsten) Deer Horn Project in British Columbia and Klondike tellurium-gold property in Colorado anchor a diversified search for metals, working in alliance with Indigenous peoples, NGOs, governments and leading metals buyers. This is the future of mineral exploration: generating revenue by exploring responsibly and leveraging diverse partnerships.

First Tellurium proudly adheres to and supports the principles and rights set out in the United Nations Declaration on the Rights of Indigenous Peoples and in particular the fundamental proposition 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 have a high efficiency and a proven-excellent record on power generation performance.

Comparing to crystalline silicon solar module, CdTe thin film module generates 5-10% more in average of electricity every year.

(PHOTOʼs 2nd Thin Film Conference)

HIGH CONVERSION EFFICIENCY

Cadmium Telluride is a semiconductor compound with a high absorption coefficient - 100 times higher than silicon. The band gap width of cadmium telluride is more suitable for photovoltaic energy conversion than silicon. To absorb the same amount of light, the thickness of cadmium telluride film is only one hundredth that of silicon wafer. Today, the world record of cadmium telluride thin film conversion efficiency has reached 21% in the laboratory. And the CdTe thin film solar module with dimension of mm * 600mm produced by Advanced Solar Power (Hangzhou) Inc reaches to 12% and above on conversion efficiency. The S1 and S2 series products have obtained TUV, UL and CQC certifications.

LOW TEMPERATURE COEFFICIENT

The temperature coefficient of ASP CdTe thin film solar module is only about -0.21%/&#;, as the traditional silicon solar module temperature coefficient reaches to -0.48%/&#;. For most of high solar irradiance regions on earth, the temperature of solar module at working can reach to 50&#; or above. Thus this fact have greater impact to the conversion efficiency of crystalline silicon solar modules than to ASPʼs CdTe thin film modules in real-life power-generation.

EXCELLENT LOW-IRRADIANCE EFFECT

Cadmium telluride is a direct-band-gap material with high absorption for the full spectrum. Under low-light condition, in dawn, dusk of a day or in a diffuse lighting, the power generation performance of CdTe thin film solar module has been proven to be higher than that of crystalline silicon solar module which is made by an indirect band gap material.

GOOD STABILITY

No intrinsic light-induced degradation effects.

LOW HOT SPOT EFFECT

The elongated cells of CdTe thin film module help to reduce the hot spot effect of module, which leads to a great advantage of improving the power generation capacity, ensuring the safety in usage and product life.

MINIMAL BREAKAGE RATE

Contributed by a proprietary technology adapted in ASPʼs CdTe modules manufacturing process, ASP CdTe module has a minimal breakage rate.

EXCELLENT APPEARANCE

CdTe modules have uniformity color - pure black which provides an excellent appearance, fit best in buildings that have higher standards on appearance, unity and energy-independance.

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