First Photo voltaic nabs 1-GW photo voltaic module deal from Leeward Renewable

April 26 (Renewables Now) – First Photo voltaic Inc (NASDAQ:FSLR) has bagged a deal to provide 1 GW DC of thin-film photovoltaic (PV) modules for initiatives a part of impartial energy firm Leeward Renewable Power LLC’s growth pipeline within the US.

The photo voltaic product producer will ship the gear below a multi-year framework provide settlement, Leeward Renewable stated on Monday, including that the order secures its deliberate development portfolio by 2024.

The modules will likely be deployed at Leeward Renewables’ websites over 2023 and 2024. The initiatives are a part of the corporate’s 20-GW photo voltaic growth and development pipeline.

“This settlement creates important development alternatives bringing stability, predictability and diminished danger from geopolitical tensions to our photo voltaic module provide chain, and by extension to our finance, development, and offtake companions,” stated Eran Mahrer, Chief Technique Officer at Leeward Renewable.

The newest contract additional expands the connection between the 2 corporations. Together with earlier orders for First Photo voltaic {hardware}, Leeward Renewable has secured greater than 3 GW of PV modules, which is able to allow it to construct 18 photo voltaic parks between 2024 and 2024.

First Photo voltaic expects its nameplate manufacturing capability to double to 16 GW by 2024. The corporate is at present constructing a 3.3-GW manufacturing unit in Ohio and a 3.3-GW plant in India.

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