With this strategic agreement, EDPR increases its commitment to U.S. domestic content, while also pursuing its strategy of supply chain and technology diversification.
Also on the rise: Solar total installed capacity to grow 84% in two years. Home Depot to install 13 MW rooftop solar portfolio across California stores. And more.
A U.S. research team has developed a cadmium telluride (CdTe) solar cell through a lift-off method that reportedly ensures higher crystallinity of the cadmium sulfide film. The device has a power conversion efficiency of 12.60%, an open-circuit voltage of 0.829 V, a short-circuit current density of 23.64 mA/cm2, and a fill factor of 64.30%.
The digital transformation of scalable and cost-effective solar manufacturing is key to enabling the anticipated growth in clean energy alternatives.
The company plans to invest approximately $1.1 billion in a 3.5 GW manufacturing facility to be commissioned by 2025.
Despite a less than stellar earnings report, First Solar continues to expand with new manufacturing planned along with dedicated R&D facility to increase learning and reduce downtime on commercial production lines.
Also on the rise: Modeling microgrid design with Inflation Reduction Act incentives. First Solar adds 700 MW to 4 GW solar module supply deal with Silicon Ranch. And more.
A long-time customer of First Solar’s, Intersect Power is expected to be one of the largest buyers and operators of First Solar technology by 2027.
Also on the rise: Industrial process for ‘mobile’ solar module recycling. California governor sets goal of 3 million climate-ready homes, 6 million heat pumps by 2030. And more.
The multi-year agreement would see deliveries from 2024 to 2026 for US and international utility-scale solar projects.
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