The asset manager has scooped up the solar yieldco that was let go by sponsors SunPower and First Solar.
The pioneering Southern solar developer will now be backed by Europe’s largest oil and gas company.
In this interview Mark Widmar talks about the market for PV modules and his company’s supply situation, First Solar’s position in the Section 201 case, and the role he sees for solar in the future of energy.
U.S. Department of Energy data from 2016 shows crystalline silicon deployment surging last year, while thin-film grows at a more modest pace. Are manufacturing constraints to blame?
On the same day it announced an aggressive solar plan for its home country of France, EDF’s U.S. subsidiary added two major plants to its portfolio in conjunction with NV Energy.
The first modules have rolled off the line in Ohio as part of First Solar’s $1.4 billion dollar bet on its large-format Series 6. The company will also expand production in Vietnam.
California ISO says that the project shows that renewable energy plants with smart inverter technology can provide grid services similar to, or in some cases better than conventional generation.
The three projects are located in California and Nevada, and are owned by Capital Dynamics.
During the energy giant’s third-quarter earnings call, it announced a drop-down deal in which the yieldco will purchase 143 MW of solar assets from NextEra’s development subsidiary.
The thin-film maker topped $1 billion in quarterly revenue with impressive profitability and a strong war chest as it continues its retooling for Series 6.
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