First Solar to Supply 1GW Solar Module to Leeward Renewable Energy Updated On Wed, Apr 27th, 2022 by Saurenergy Renewable energy players First Solar and Leeward Renewable Energy (LRE) have signed an agreement under which First Solar will supply 1 GW of advanced, ultra-low carbon and thin-film PV solar modules to Leeward. The official statement of the companies says that LRE will deploy these modules across its 20GW solar development and construction pipeline in […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more
SB Energy Order Fresh 1.5 GW Solar Modules from First Solar in USA Updated On Thu, Mar 3rd, 2022 by Saurenergy SB Energy Global has said that it has placed an order for 1.5 GW ultra-low carbon thin-film solar modules necessary for it’s 4GW solar and storage development projects in the United States. The modules will be sourced for multiple years from First Solar, the largest manufacturer of thin-film modules in the US. SB Energy Global […] Read more
First Solar Q4 FY21 financial results: net sales jump 50% Updated On Thu, Mar 3rd, 2022 by Saurenergy US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […] Read more
Qatar’s First Solar Plant to Use 800 MW of LONGi’s Bifacial Modules Updated On Wed, Feb 23rd, 2022 by Saurenergy Located to the west of Doha over an area of 10 km2, the Al-Kharsaa project is the first solar power plant in Qatar, with a total planned power generation capacity of 800MW. The project will be equipped with Chinese manufacturer LONGi’s Hi-MO 4 bifacial modules and a tracking system. The company claims that this will […] Read more
Thanjavur Corporation Moves Closer to First Solar Plant Updated On Thu, Jan 20th, 2022 by Saurenergy Completing a project first initiated in January last year, the Thanjavur Corporation will tap soon be able to tap solar power to generate 3 megawatts of electricity for its consumption from a solar power plant being set up on the outskirts of the town under the Smart City Project. The ground mounted solar project has […] Read more
First Solar Faces Investor Lawsuits Over Business Claims In the US Updated On Tue, Jan 11th, 2022 by Saurenergy Starting off the new year on the wrong foot, US solar panel manufacturer First Solar has recently found itself embroiled in a number of lawsuits alleging fraud. Shareholder rights law firm Johnson Fistel announced last week that a class action lawsuit has commenced on behalf of investors of First Solar who purchased the company’s stock […] Read more
US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu Updated On Wed, Dec 8th, 2021 by Saurenergy U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […] Read more
First Solar Bags 5.4GW Module Order from bp & Lightsource bp Updated On Wed, Nov 24th, 2021 by Saurenergy First Solar has won multi-year orders for up to 5.4 gigawatts photovoltaic (PV) solar modules from global solar leader Lightsource bp and integrated energy company bp. As part of the deal, Lightsource bp and bp have placed orders for approximately 4.4GWDC of modules, with options for an additional 1GWDC. Lightsource bp has agreed to procure up […] Read more