First Solar secures 1.8-GW multi-year module order from EDP Renewables

US thin-film photovoltaics (PV) maker First Solar Inc (NASDAQ:FSLR) said today it has received a multi-year order for 1.8 GW DC of its modules from Portuguese renewables company EDP Renewables (ELI:EDPR).

The modules will be delivered up to 2028 for use in US projects developed by EDP Renewables North America (EDPR NA).

In North America, EDPR currently has 475 MW of operating solar projects, 1.6 GW of solar capacity under construction, plus a development pipeline, as well as more than 200 distributed generation solar sites. The company is looking to add 4.8 GW of solar capacity in North America in the 2023-2026 period.

First Solar chief executive Mark Widmar commented that EDP Renewables joins a growing number of developers choosing long-term pricing and supply certainty, and responsibly produced solar modules. The deal allows EDPR to increase its commitment to local content in the US and is in line with its strategy of supply chain and technology diversification, says the announcement.

First Solar currently has more than 5 GW of annual nameplate capacity in the US, from its three factories in Ohio. It expects to reach more than 10 GW by 2025 thanks to new capacity in Alabama and Ohio. The solar manufacturer is also set to commission a 3.4-GW factory in India this year. By 2025, it expects to have more than 20 GW of annual global nameplate capacity.

First Solar has just been awarded incentives for its India manufacturing facility.

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