Cadmium telluride (CdTe) photovoltaics describes a photovoltaic (PV) technology that is based on the use of cadmium telluride in a thin semiconductor layer designed to absorb and convert sunlight into electricity. Cadmium telluride PV is the only thin film technology with lower costs than conventional solar cells made of crystalline silicon in multi-kilowatt systems. On a lifecycle basis, CdTe PV has the smallest carbon footprint, lowest water use and shortest energy payback time of any current photo voltaic technology. CdTe’s energy payback time of less than a year allows for faster carbon reductions without short-term energy deficits. The toxicity of cadmium is an environmental concern mitigated by the recycling of CdTe modules at the end of their life time. Though there are still uncertainties regarding the recycling of CdTe modules and the public opinion is skeptical towards this technology. The usage of rare materials may also become a limiting factor to the industrial scalability of CdTe technology in the mid-term future. The abundance of tellurium—of which telluride is the anionic form—is comparable to that of platinum in the earth’s crust and contributes significantly to the module’s cost. CdTe photovoltaics are used in some of the world’s largest photovoltaic power stations, such as the Topaz Solar Farm. With a share of 5.1% of worldwide PV production, CdTe technology accounted for more than half of the thin film market in 2013. A prominent manufacturer of CdTe thin film technology is the company First Solar, based in Tempe, Arizona.