While the photovoltaic industry is mired in the internal turmoil of overcapacity and price wars, US cadmium telluride thin-film giant First Solar maintains strong order demand. Its orders are already booked through 2030, and it recently raised its 2025 shipment and profit guidance.
Why has First Solar been able to remain immune?
The answer lies not only in policy protection and trade barriers, but more importantly, in the core competitiveness generated by technological differentiation. Today, Zoom Solar Green Energy is breaking through technological barriers with its cadmium telluride solar glass. Leveraging its independently developed core cadmium telluride thin-film cell technology, it has achieved a leap forward in both product performance and application scenarios.
01
Growth Against the Trend
First Solar Delivers Exceeding Expectations
Recently, First Solar, a leading US photovoltaic company, released its second-quarter 2025 financial results, with performance significantly exceeding market expectations:
Second-quarter net sales reached US$1.097 billion, a 29.98% increase from the previous quarter; net profit reached US$342 million, a significant 63.16% increase from the previous quarter. The company shipped 3.6GW of modules in the first half of the year, with 2.1GW of new bookings and a cumulative sales backlog of 64GW, with delivery times extending to 2030.
Following this positive impact, First Solar has raised its full-year shipment guidance to 16.7-19.3GW, with net sales forecasted to US$4.9-5.7 billion.
Against the backdrop of overall pressure on the photovoltaic industry, these results are undoubtedly a bright spot.
02
Cadmium Telluride Technology
What Makes It Stand Out?
First Solar's ability to navigate cycles and maintain customer acquisition is closely tied to its long-term focus on cadmium telluride thin-film technology.Unlike mainstream crystalline silicon modules, cadmium telluride modules offer unique advantages in multiple dimensions:Excellent high-temperature performance, delivering enhanced performance and power generation in hot and humid environments;
These performance characteristics make it particularly suitable for centralized ground-mounted power plants and certain specialized commercial scenarios, successfully achieving technological differentiation.
03
Zoom Solar Green Energy
Creating CdTe Solutions More Relevant to Buildings
Unlike First Solar, which primarily focuses on large-scale power plants, Zhongmao Green Energy leverages its independently developed core CdTe thin-film technology to delve deeply into the BIPV (building integrated photovoltaic) sector, launching a power-generating glass product that truly achieves "photovoltaic building materialization":
✔ It is not only a photovoltaic product, but also a high-performance building material—with the physical properties of light transmission, heat insulation, and impact resistance.
✔ It can be widely used in building curtain walls, roofs, and sunshade systems, generating electricity while maintaining architectural aesthetics.
✔ The product design integrates structural and electrical safety, truly realizing the goal of "every building is a green power plant."
This means that Zhongmao Green Energy isn't just making modules; it's redefining the function of building envelopes—from energy consumption to production, from static to interactive.
04
Technology Depth
is the True Barrier to Crossing Cycles
Amidst an industry plagued by overcapacity, only companies that master core technologies and enter differentiated sectors can navigate cycles and maintain leadership.
The photovoltaic industry is moving from a crude, scale-based, price-competitive phase to a high-quality, technology-driven, application-focused, and integrated development phase. Zoom Solar Green Energy is committed to independent research and development and iteration of cadmium telluride thin-film technology; driving continuous improvement in module conversion efficiency and optimization of production costs; breaking the traditional homogeneous module competition landscape and focusing on the high-end BIPV market.
Green energy is not a distant slogan; it's happening behind every piece of glass and on every building. The future is here, and Zoom Solar Green Energy is working to bring it to us faster, more beautifully, and more efficiently.