November 15, 2013 - First Solar and JX Nippon Oil & Energy Corporation today announced that they have signed an agreement for the distribution of First Solar's solar photovoltaic modules in Japan through April 2015. As part of the agreement, First Solar will develop and manufacture the new technology obtained through the acquisition of TetraSun. JX Nippon will distribute the technology. Partnered together, JX Nippon and First Solar will provide solar energy solutions to meet Japan's unique power needs.
James Hughes, CEO, First Solar, said, "We are very pleased to partner with the leading energy company JX Nippon in Japan. JX's far-reaching distribution and our technology expertise will combine to deliver high quality solar power solutions to Japan. This agreement reinforces First Solar's commitment to deliver safe, clean, and sustainable solutions to meet Japan's unique energy needs and energy security goals."
Hiroya Nishijima, SVP, JX Nippon, said "TetraSun, manufactured by First Solar, is a unique technology that can deliver high performance and high quality solar energy solutions. The agreement will provide a new and valuable option for our customers."