First Solar, Inc. Announces Acceleration of Series 6 Solar Module Production to 2018; Restructures Operations; Updates 2016 Guidance & Provides 2017 Guidance Updated On Thu, Nov 17th, 2016 by Saurenergy First Solar, Inc. announced an acceleration of Series 6 production into 2018, with approximately 3 Gigawatts of production expected in 2019. Over the course of 2017 and 2018 the Company’s existing production facilities will be converted to Series 6 production and the current Series 4 product will be phased out. As a result of the […] Read more
Former First Solar CEO to Lead EOS Energy Storage Updated On Thu, Nov 17th, 2016 by Saurenergy Eos Energy Storage – a safe, ultra-low cost Znyth battery major announces incumbency of former CEO of First Solar – Jim Hughes. Joining as Chairman of the Board, Jim will be responsible to avant-garde the company from technology development to commercial manufacturing and product deployment. The strategic appointment comes amid the company’s announcement of a $23M Series […] Read more
8point3 Energy Partners to acquire First Solar’s 34 percent stake in its 300 MW Stateline solar project Updated On Tue, Nov 15th, 2016 by Saurenergy 8point3 Energy Partners has entered into an agreement to acquire First Solar’s 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on […] Read more
HPGCL commissions first solar project at Panipat Thermal Power Station Updated On Thu, Nov 3rd, 2016 by Saurenergy The Haryana Power Generation Corporation Limited has successfully commissioned the first 10MW solar power plant at Panipat Thermal Power Station. On its very first day of operation, the plant generated and supplied about 10000 units of electricity to the grid. HPGCL’s Managing Director M.K.V. Rama Rao stated that the use of renewable energy had become […] Read more
First Solar to deliver 160 MW of PV Panels to Turkish Companies Updated On Fri, Aug 12th, 2016 by Saurenergy US-based thin-film solar modules supplier First Solar has won two large contracts of 160 MW in direct current (DC) from Turkey based energy company. The US Company has gone into agreement to supply 160 MW of its high-performance solar modules to PV projects in Turkey. The two contracts were signed in the first half of […] Read more
First Solar wraps up 130 MW of solar power plants in Andhra Pradesh and Telangana Updated On Wed, Aug 10th, 2016 by Saurenergy US-based solar power projects developer, First Solar’s local subsidiary- the First Solar Power India has announced the commercial operation of 80 MW and 50 MW solar power plants in Andhra Pradesh and Telangana. Both the plants are part of the 260 MW project portfolio owned by First Solar in India. Sujoy Ghosh, First Solar’s Country […] Read more
DESRI acquires First Solar’s 11 MW California PV project Updated On Thu, Aug 4th, 2016 by Saurenergy The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar. D.E. Shaw Renewable Investments (DESRI) has taken possession of First Solar’s 11 MW Rancho Seco Solar Project in Sacramento County, California, for an undisclosed amount. The First […] Read more
Palestine grants its first solar power plant in West Bank Updated On Tue, Jul 26th, 2016 by Saurenergy The Palestine Energy Ministry has granted permit to develop its first ever large scale solar power plant in the West Bank, near the city of Hebron. Palestine-based energy engineering and technology solutions firm Rack Tech has joined hands with Amsterdam-based solar power firm Gigawatt Global to build the $10 million plant will have installed capacity […] Read more
By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India Updated On Sat, Jun 25th, 2016 by Saurenergy First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […] Read more
