UbiQD and First Solar Forge Strategic Quantum Dot Supply Agreement for Next-Generation Solar Technology
ALBUQUERQUE, NM and TEMPE, AZ – July 9, 2025 – In a significant development poised to accelerate the adoption of advanced solar energy solutions, UbiQD, a pioneering materials science company specializing in quantum dot technology, announced today the establishment of a long-term supply agreement with First Solar, Inc., a leading global provider of photovoltaic (PV) solar panels and utility-scale energy solutions. This strategic partnership will see UbiQD supplying its innovative quantum dot materials to First Solar, aiming to enhance the performance and expand the applications of its solar technology.
The agreement marks a crucial step forward in leveraging the unique optical properties of quantum dots to unlock new efficiencies and capabilities within the solar energy sector. Quantum dots, tiny semiconductor nanoparticles that emit light when excited by electricity or light, offer remarkable tunability and high light absorption characteristics. These attributes make them exceptionally well-suited for advanced photovoltaic applications, including the potential for improved light harvesting in next-generation solar cells.
While specific details of the collaboration remain proprietary, the agreement signifies a shared commitment to innovation and sustainable energy production. By integrating UbiQD’s cutting-edge quantum dot materials, First Solar is positioned to explore and implement advancements that could lead to solar panels with increased power output and broader spectral response. This could translate into more effective energy generation across a wider range of environmental conditions, further solidifying solar power’s role as a cornerstone of the global energy transition.
“We are thrilled to partner with First Solar, a company renowned for its commitment to advancing solar technology and its leadership in the global solar market,” said Dr. Matt Z. Liu, CEO of UbiQD. “This agreement underscores the transformative potential of quantum dots in enhancing solar energy performance. We believe our materials will play a vital role in First Solar’s ongoing efforts to deliver high-quality, efficient, and sustainable solar solutions to the world.”
First Solar’s track record of innovation and its focus on delivering reliable and cost-effective solar solutions make it an ideal partner for UbiQD. The synergy between UbiQD’s advanced material science and First Solar’s manufacturing expertise and market reach is expected to drive significant progress in the development and deployment of quantum dot-enhanced solar technologies.
“Our collaboration with UbiQD represents an exciting opportunity to further push the boundaries of solar photovoltaic performance,” stated Georges Antoun, Chief Commercial Officer at First Solar. “We are constantly seeking to innovate and improve our products, and we see tremendous potential in UbiQD’s quantum dot technology to contribute to the next generation of solar panels. This partnership aligns with our strategic vision to deliver clean, sustainable energy solutions that meet the evolving needs of the market.”
The long-term nature of this supply agreement provides a stable foundation for UbiQD to scale its production capabilities and for First Solar to integrate these advanced materials into its product development roadmap. Both companies anticipate that this collaboration will not only benefit their respective businesses but also contribute meaningfully to the broader advancement of renewable energy technologies, accelerating the global shift towards a cleaner and more sustainable future.
UbiQD and First Solar Establish Long-Term Quantum Dot Supply Agreement
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