Vistra bets on First Solar modules for Texan projects
Manufacturing Series 6 modules at the Lake Township factory in Ohio. Source: First Solar Inc
First Solar Inc (NASDAQ:FSLR) today said it will supply its Series 6 modules for five utility-scale solar projects of Vistra Energy (NYSE:VST) in Texas with a combined capacity of 869 MW in direct current (DC).
The projects have capacities of between 50 MW and 200 MW.
Vistra recently announced that it has started construction of close to a gigawatt of solar and battery storage capacity in Texas, part of the company's new Vistra Zero portfolio. It is evaluating more solar and storage projects -- over a gigawatt in Texas and California each, and 450 MW in Illinois.
In its press release today, First Solar pointed out that Series 6 is “a uniquely American solar PV module” and that with the order Vistra will be buying modules manufactured in Ohio. It did not disclose the value of the contract.