Swift Current Energy orders 2 GW of additional First Solar modules

Swift Current Energy, an independent power producer (IPP) and renewables developer with a 9-GW-plus pipeline, has placed a new multi-year order with First Solar Inc (NASDAQ:FSLR) for the supply of thin-film photovoltaic (PV) modules, even larger than the prior one.

In January, Swift Current Energy ordered over 1.2 GW DC of First Solar modules for deliveries in 2023 and 2024. Now, the Boston-based company wants to get an additional 2 GW DC of panels in the period 2025-2026.

“With the US rapidly advancing its energy infrastructure, our project pipeline is growing and we’re focused on ensuring that our capacity comes online as planned,” said Eric Lammers, chief executive officer of Swift Current Energy. Since its inception in 2016, the firm has commercialised more than 1 GW of renewable energy projects.

Meanwhile, First Solar is working hard to expand its annual solar module production capacity and expects to surpass 20 GW DC in that regard in 2025. This would include over 10 GW in the US alone, where it currently has two factories, is building a third one in Ohio, and has plans for a fourth in the Southeast.

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