First Solar books 93-MW panel order from Solarvest in Malaysia
First Solar modules. Image by First Solar.
US solar panels maker First Solar Inc (NASDAQ:FSLR) announced today it has secured a contract to supply 93 MW DC of advanced thin-film photovoltaic (PV) modules for Malaysian EPCC service provider Solarvest Holdings Bhd (KLSE:SLVEST).
Solarvest will use the First Solar Series 6 modules for four projects it is currently building under Malaysia's Large Scale Solar Program (LSS). The sites are located in the Malaysian states of Selangor, Perak, and Kedah.
First Solar plans to finalise all deliveries by November 2022. It expects to source around 75 MW of the total order from its Malaysia factory in Kulim.
The US company arrived in Malaysia in 2007, and currently runs a 3.3-GW panel factory in the country.