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First Solar acquires Swedish thin-film company Evolar
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First Solar acquires Swedish thin-film company Evolar
The acquisition is aimed at accelerating the development of PV technology including high efficiency tandem devices. Image: First Solar Thin-film module manufacturer First Solar has acquired thin-film company Evolar to grow its PV capabilities. The transaction cost about US$38 million and up to an additional US$42 million to be paid subject to certain technical milestones being achieved in the future. According to First Solar, the acquisition ai…
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