The Swiss solar module manufacturer stated they will transition all of its manufacturing away from plastic.
As many as 22 million solar panels will be sold by the U.S. manufacturer as a result of the deals. The company generated $1 billion in revenue in Q4 2022.
The developer ordered 4 GW of U.S.-made thin-film solar panels, adding to the 4.3 GW ordered in 2021.
The deal expands upon the master supply agreement between the two solar businesses that includes a 4 GW transaction announced in April 2022 and, more recently, a 700 MW commitment announced in October 2022.
Also on the rise: Best practices in state’s energy storage policies. Weekly solar earnings recap: REC Silicon, Sunrun and Sunnova. And more.
The Elite Series of solar modules for residential solar installations feature conductive backsheets for improved production.
Multiple deals signed over the last six months have shown solar panel manufacturers using long- term solar module supply agreements with developers to drive factory finance.
California-based SEG Solar says its new panels have a temperature coefficient of -0.30% per degree Celsius. They come with a 30-year power output guarantee for 87.4% of the initial yield.
Trina Solar says its new TOPCon solar panel combines a double-glass design with n-type technology. Its efficiency ranges from 20.8% to 22.3% and the power output is between 415 W and 445 W.
Also on the rise: The State of South Dakota looks to pencil in a few hundred megawatts of solar in the coming years. In a saturated market, energy storage emerges as a silver bullet. And more.
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