Mark Widmar
EDP Renewables has positioned a multi-year order for 1.8 GW of First Solar’s thin-film photovoltaic solar modules. The modules, which will likely be delivered as much as 2028, will power U.S. tasks developed by EDP Renewables North America (EDPR).
EDPR is a world pure renewable energy firm that operates in 28 markets across the globe.
“EDP Renewables joins a growing roster of large, sophisticated developers choosing long-term pricing and supply certainty, and responsibly produced solar modules by powering their projects with First Solar’s technology,” says Mark Widmar, chief govt officer, First Solar. “This validates the value that our customers place in our differentiation, not just in technology but our way of doing business.”
With this settlement, EDPR de-risks its solar pipeline within the U.S. by securing gear for its anticipated development within the utility and distributed technology segments. Additionally, this permits EDPR to extend its dedication to native content material within the U.S., whereas additionally pursuing its technique of provide chain and know-how diversification.
The partnership between each corporations began in 2019, when EDPR acquired a 50% stake in a 278 MW solar portfolio developed by First Solar.
