Swift Current Energy orders 1.2 GW of First Solar modules for 2023/24 projects

Boston-based solar developer Swift Current Energy has placed an order for 1.2 GW of First Solar thin-film modules for delivery to US projects in 2023 and 2024.

“This is our largest purchase to date and demonstrates our continued commitment to investing in renewable energy to create a sustainable future,” said Eric Lammers, chief executive officer of Swift Current Energy. “First Solar, with its track record of quality and sustainability, is a great match for our team and will support our work to develop, build and own the best renewable energy projects safely, on time and on budget .”

“As US property developers look for reliable module suppliers, we can meet their needs not only with advanced technology that performs reliably in the field, but also with our ability to provide long-term pricing and delivery commitments,” said Georges. . Antoun, Commercial Director, First Solar. “We are proud that the Swift Current team, with their responsible approach to developing solar projects, have chosen to place their trust in us and our technology. As a US solar company, we look forward to enabling their efforts to support our country’s march to get 45% of its electricity from solar by 2050 with responsible solar technology designed and developed in the United States. ”

First Solar is investing $680 million in expanding America’s domestic solar production capacity at 3.3 GW per year through the construction of its third U.S. manufacturing facility, in Lake Township, Ohio. The new facility is expected to be commissioned in the first half of 2023 and when fully operational, the company’s northwest Ohio footprint will scale to a total annual capacity of 6 GW, which is expected to be the largest. fully vertically integrated solar energy production complex outside of Europe. China.

In addition to manufacturing facilities in Ohio, First Solar also operates plants in Vietnam and Malaysia, and is building a new 3.3 GW plant in India, which is expected to be commissioned in the second half of 2023. With First Solar’s expansion in the United States and India and optimization of its existing fleet, the company expects its nameplate production capacity to double to 16 GW by 2024.

News item from First Solar

Comments are closed.