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Product

Cadmium Telluride

A semiconductor compound of cadmium and tellurium used as the light-absorbing layer in thin-film solar panels, an alternative to traditional silicon-wafer photovoltaic technology.

Covered in 3 MetalsCost.com News Intelligence articles, most recently on September 2, 2026.

Form Compound semiconductor (CdTe), deposited as a thin film a few microns thick
Substrate Vapor-deposited onto glass, forming the light-absorbing layer
Thin-Film Market Share 59% of the global thin-film solar PV market in 2024
Leading Producer First Solar, record 22.6% CdTe cell efficiency in 2024
Primary Use Absorber layer in CdTe thin-film photovoltaic panels

Overview

Cadmium telluride is a compound semiconductor — cadmium bonded with tellurium — that absorbs sunlight so efficiently a layer just a few microns thick can capture most of the usable spectrum, versus the much thicker silicon wafers used in conventional solar cells. That efficiency is what makes it commercially viable as a thin film: manufacturers deposit it directly onto glass in a vapor-transport process, building a complete solar module without ever handling silicon ingots or wafers.

Market Position

CdTe is by far the leading thin-film solar technology, holding 59% of the global thin-film PV market in 2024, well ahead of rival thin-film chemistries. That position is largely built by one company: First Solar, the world's largest thin-film manufacturer, which hit a record 22.6% cell efficiency in 2024. CdTe panels are used mainly in utility-scale solar farms, where their lower embodied energy gives them a niche alongside dominant crystalline-silicon panels.

Sources

Coverage