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5n Plus Inc. Boosts AZUR Solar Cell Production Capacity to Meet Unprecedented Demand

Newswire.ca - Tue Oct 15, 10:00AM CDT

MONTREAL, Oct. 15, 2024 /CNW/ - 5N Plus Inc. (TSX: VNP) ("5N+" or the "Company"), a leading global producer of specialty semiconductors and performance materials, today announced its wholly-owned subsidiary, AZUR SPACE Solar Power GmbH ("AZUR"), has completed its previously announced 2024 production capacity program ahead of schedule and expanded its capacity by 35%, surpassing its initial 30% increase target. By the end of 2025, AZUR intends to increase its solar cell production capacity by a further 30%, with minimal additional investments as most of the equipment has been purchased and delivered.

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