First Solar Inc. has signed a framework settlement with National Grid Renewables for two GW DC of thin-film photovoltaic (PV) solar modules.
Scheduled for supply in 2024 and 2025 all through the United States, the contracted modules are a part of First Solar’s superior cadmium telluride (CadTel) thin-film module platform.
Over the previous decade, National Grid Renewables and First Solar have partnered on a number of initiatives, together with the lately operational 200 MW Prairie Wolf Solar Project in Illinois and the at the moment below building Noble Solar (275 MW) and Storage (125 MWh) Project in Texas.
“National Grid Renewables and First Solar share more than just deep roots in the U.S. Midwest and a longstanding strategic partnership. We share a common view on the need to create a sustainable energy future,” states Nathan Franzen, vp of improvement 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.”
“As America’s solar company, we’re proud of the fact that National Grid Renewables has, once again, selected our technology to power its mission to repower rural American communities,” says Georges Antoun, chief industrial officer at First Solar. “Experienced project developers and owner-operators like National Grid Renewables understand the criticality of both, insulating themselves from pricing and supply volatility, and staying true to their values and principles. Both factors are invaluable in helping them successfully navigate some of the industry’s headwinds.”
First Solar is investing $680 million in increasing America’s home PV solar manufacturing capability by 3.3 GW yearly, by constructing its third U.S. manufacturing facility, in Lake Township, Ohio. The new facility is predicted to be commissioned within the first half of 2023 and when totally operational will scale the corporate’s Northwest Ohio footprint to a complete annual capability of 6 GW.