Tag: First Solar

First Solar to supply solar modules to Lightsource BP in US

First Solar, a US-based manufacturer of solar panels, has received a 4 GWdc order from Lightsource BP, a British solar energy company, for its cutting-edge thin film solar modules. Around the US, the solar modules will be installed at Lightsource BP projects. First Solar will supply its Series 6 Plus and next-generation Series 7 modules, which will be delivered between 2026 and 2028. Formerly, Lightsource BP had a deal with the company to supply up to 4.3 GWdc worth of solar modules in 2021. 

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First Solar secures large module supply contract in India

First Solar, a US based manufacturer has reached an agreement with Azure Power Global Limited to provide 600 MW DC of its high-performance, cutting-edge thin film photovoltaic (PV) solar modules. The arrangement is the first for First Solar’s new manufacturing facility in Tamil Nadu, India, which is set to open in the second part of 2023.

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First Solar to invest $1.2 billion to increase PV production in US

First Solar, a US-based solar energy company, has announced plans to invest up to $1.2 billion to increase the production of photovoltaic (PV) solar modules in the US. By 2025, the investment is anticipated to expand the domestic market’s capacity for American-made solar modules by more than 10GWdc. In the South-East of the US, First Solar plans to construct a production facility with the ability to produce 3.5GWdc of PV modules annually.

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First Solar to sell project development platform to PAG Real Assets

PAG has announced that funds managed under its Real Assets group have signed an agreement with First Solar to acquire First Solar’s Japan project development and operation platforms. This acquisition includes 293 MWDC utility-scale solar project development platform, and a solar operations and maintenance (O&M) platform with approximately 665 MWDC under management.

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First Solar to supply 1 GW solar module to Leeward Renewable Energy

First Solar and Leeward Renewable Energy (LRE) have signed an agreement under which First Solar will supply 1 GW of advanced, ultra-low carbon and thin-film PV solar modules to Leeward. As per the company’s statement, LRE plans to deploy these modules across its 20 GW solar development and construction pipeline in the US between 2023 and 2024.

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First Solar sells 10 GW solar project portfolio to Leeward

First Solar is in the process of selling a 10 GW utility-scale solar project platform to Leeward Renewable Energy Development in a $261 million transaction. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest benefit pension plans. The deal is expected to close in the first quarter, subject to regulatory approvals and customary closing conditions.

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First Solar joins RE100 initiative

First Solar has announced a commitment to power 100 per cent of its solar manufacturing operations across the globe with renewable energy by 2028. The commitment was announced after First Solar joined RE100 initiative.

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