First Solar nabs 1.2-GW module order from Swift Current

Solar plant. Photo by: First Solar (www.firstsolar.com)

January 13 (Renewables Now) - US thin-film solar module manufacturer First Solar Inc (NASDAQ:FSLR) today said it has received an order from Swift Current Energy to supply the Boston-based renewable energy company with 1.2 GW DC of modules in 2023 and 2024.

Swift Current, backed by Buckeye Partners LP and Nala Renewables, has so far commercialised more than 1 GW of renewable energy projects and has a pipeline of over 6 GW across North America. The order with First Solar is its largest procurement to date.

First Solar chief commercial officer Georges Antoun said that the solar manufacturer can also offer US project developers long-term pricing and supply commitments.

First Solar expects its nameplate manufacturing capacity to double to 16 GW by 2024. It is building a 3.3-GW factory in Ohio, set to be commissioned in the first half of 2023, which will boost its footprint in northwest Ohio to a total annual capacity of 6 GW. The company also has factories in Vietnam and Malaysia, and is building a 3.3-GW plant in India due to be commissioned in the second half of 2023.

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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