Press release
National Grid Renewables Orders 2 GW of Responsibly Produced First Solar Modules
Deliveries of advanced, lower carbon thin film solar modules scheduled for 2024 and 2025 TEMPE, Ariz. and MINNEAPOLIS, Minn., June 23, 2022 (GLOBE NEWSWIRE)
About this update from First Solar, Inc.
[{"type":"text","content":"Deliveries of advanced, lower carbon thin film solar modules scheduled for 2024 and 2025\nTEMPE, Ariz. and MINNEAPOLIS, Minn., June 23, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) signed a framework agreement with National Grid Renewables for 2 gigawatts (GW)DC of advanced, responsibly-produced thin film photovoltaic (PV) solar modules. Scheduled for delivery in 2024 and 2025 throughout the United States, the contracted modules are part of First Solar’s advanced Cadmium Telluride (CadTel) thin film module technology platform. The deal was booked prior to the release of First Solar’s Q1 2022 earnings in April. Over the past decade, National Grid Renewables and First Solar have partnered on multiple projects, including the recently operational 200-megawatt (MW) Prairie Wolf Solar Project in Illinois and the currently under construction Noble Solar (275 MW) and Storage (125 MWh) Project in Texas. As a farmer-friendly and community-focused company, National Grid Renewables develops projects for corporations and utilities that seek to repower America’s electricity grid by reigniting local economies and reinvesting in a sustainable future. A Minneapolis-headquartered business, National Grid Renewables is part of the Ventures division of National Grid and has a portfolio of solar, wind, and energy storage projects located throughout the US in various stages of development, construction and operation. “National Grid Renewables and First Solar share more than just deep roots in the US Midwest and a longstanding strategic partnership. We share a common view on the need to create a sustainable energy future,” said Nathan Franzen, Vice President, Development for National Grid Renewables. “We’re pleased to be working with First Solar as we continue on our mission to deploy clean, economically beneficial and community-focused solar energy projects, powered by responsibly produced American solar technology.” Designed and developed at its research and development (R&D) centers in California and Ohio, First Solar’s responsibly produced advanced thin film PV modules set industry benchmarks for quality, durability, reliability, design, and environmental performance. It is the only one of the world’s ten largest solar manufacturers to be a member of the Responsible Business Alliance (RBA), the world’s largest industry coalition dedica...