Intersect Power Orders 4.9 GW of First Solar PV Modules

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First Solar Inc. has entered into agreements to provide an extra 4.9 GW DC of its thin-film photovoltaic solar modules to Intersect Power LLC.

When mixed with a beforehand introduced settlement for two.4 GW DC signed in July, these transactions take Intersect Power’s complete orders for First Solar modules this 12 months to 7.3 GW DC.

The orders positioned by Intersect Power this 12 months will see a mix of First Solar’s Series 6 Plus and Series 7 modules deployed in its solar, storage, and inexperienced hydrogen initiatives coming on-line throughout the United States from 2025 to 2029.

“We have an unprecedented opportunity to decarbonize our economy while simultaneously bolstering our manufacturing sector and providing clean energy security,” says Sheldon Kimber, CEO of Intersect Power. “First Solar’s responsibly produced, high-performance modules are the cornerstone of our commitment to American technology and workers. Our country’s energy transition must be American made.”

Prior to 2022, Intersect Power had positioned orders for a complete of 4.1 GW DC of modules in offers signed in 2019 and 2021. This newest transaction is anticipated to solidify its place because the world’s largest purchaser and operator of First Solar’s PV module expertise, with an estimated deployed capability of 11.4 GW DC by 2029.

“Intersect Power was one of the early pioneers of long-term, multi-year procurement and has benefitted from the certainty of supply and stable pricing that this approach delivers,” states Georges Antoun, chief industrial officer at First Solar. “We’re proud of this enduring partnership and we’re thrilled that, as Intersect Power continues to scale, its growth will be underpinned by American solar technology produced by First Solar.”

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