US developer, owner and asset manager Longroad Energy has secured a US$500 million equity investment to support its business model shift from a “develop to sale” strategy to the ownership of renewable projects in the US.
US thin film manufacturer First Solar has landed an agreement to supply 2.4GW of its thin film PV modules to US renewables developer Intersect Power, making the company become one of the largest users of First Solar products.
Thin-film module manufacturer First Solar will consider expanding its production footprint in the US if proposed legislation that includes manufacturing credits becomes law, the company’s CEO has said.
Mark Osborne assesses solar research and development spends of the last decade, contextualising the industry’s current transition to TOPCon and how it has been driven.
First Solar is to supply 2GWdc of its at thin-film cadmium telluride modules to National Grid Renewables after securing a framework agreement with the developer.
US developer Leeward Renewable Energy (LRE) has started construction on the 200MW Horizon Solar project near the city of Pearsall in Frio County, Texas.
US thin-film manufacturer First Solar recorded a US$43.3 million loss in its Q1 2022 mostly caused by a drop in sales, with the company expecting a “challenging 2022 from an earning standpoint” given ongoing supply chain constraints.
First Solar will supply 1GWdc of its thin film modules to PV project developer Leeward Renewable Energy as part of a multi-year procurement agreement between the companies.