Also on the rise: Peloton’s loss is First Solar’s gain. Vertical solar mount first of kind to achieve UL certification. And more.
The behemoth facility that Peloton intended to use to make fitness equipment will soon become a distribution center for First Solar’s U.S.-made thin film solar modules.
Also on the rise: Hawaiian utility to balance grid with 565 MWh battery, First Solar opens manufacturing plant in India, and more.
India’s first fully vertically integrated solar manufacturing plant will produce First Solar’s Series 7 solar PV modules developed at the company’s research centers in the U.S. The facility employs 1,000 workers.
Cleantech Solar says it plans to develop 150 MW of solar and 16.8 MW of wind in India, supplying around 7.3 GWh of clean electricity to First Solar’s new 3.3 GW vertically integrated solar factory in the state of Tamil Nadu. The solar component of the project will use First Solar’s India-made Series 7 modules.
The solar panel manufacturer closed the sale of Inflation Reduction Act tax credits.
Wiki-Solar’s Q3 2023 update reveals more than 35 companies with at least 1 GW of global construction experience, including 20 with over 2 GW of capacity.
Sun Streams 4 is the company’s largest project to date. The facility is expected to ease grid congestion during peak hours and stimulate over $100 million into Arizona’s economy.
Also on the rise: First Solar delivers on earnings, margins, falls short on revenue. U.S. has enough clean energy to power 65 million homes. And more.
The U.S.-based thin-film solar panel manufacturer raised its expectations for 2023 as its order backlog grows.
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