First Solar

Batteries for Solar Energy Storage Market Forecast to 2028 - Global Analysis By Battery Type, Application, and Connectivity - Decline in Prices of Lithium-Ion Batteries - ResearchAndMarkets.com

Retrieved on: 
Friday, September 23, 2022

The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.

Key Points: 
  • The batteries for solar energy storage market size is projected to reach US$ 9,478.56 million by 2028 from US$ 3,149.45 million in 2022.
  • Thus, such upcoming investment prospects, along with an increasing number of solar energy projects, are augmenting the growth of batteries for solar energy storage market size over the forecast period.
  • The adoption of batteries for solar energy storage among commercial, residential, and industrial sector drives the growth of the batteries for solar energy storage market.
  • Thus, such investments in the solar power industry and battery systems are driving the batteries for solar energy storage market dynamics over the projected timeframe.

Azure Power Signs Agreement for 600 MW of First Solar’s High-Performance Modules

Retrieved on: 
Monday, September 19, 2022

Under the agreement, Azure is expected to take delivery of First Solars Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025.

Key Points: 
  • Under the agreement, Azure is expected to take delivery of First Solars Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025.
  • Having a long-term agreement with global solar modules technology leaders like First Solar is key to de-risking our supply side with the latest technology available in the market, said Rupesh Agarwal, acting chief executive officer, Azure Power.
  • Azure Power also partners with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.
  • All forward-looking statements in this press release are based on information available to Azure Power as of the date hereof, and Azure Power assumes no obligation to update these forward-looking statements.

Azure Power Signs Agreement for 600 MW of First Solar's High-Performance Modules

Retrieved on: 
Monday, September 19, 2022

NEW DELHI, India, and TEMPE, Ariz., Sept. 19, 2022 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE) ("Azure Power"), a leading independent sustainable energy solutions provider and renewable power producer in India, announced that it has entered into an agreement for 600 megawatts (MW)DC of high-performance, advanced thin film photovoltaic (PV) solar modules from First Solar, Inc. (NASDAQ: FSLR).

Key Points: 
  • Under the agreement, Azure Power is expected to take delivery of First Solar's Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025.
  • Having a long-term agreement with global solar modules technology leaders like First Solar is key to de-risking our supply side with the latest technology available in the market," said Rupesh Agarwal, acting chief executive officer, Azure Power.
  • Azure Power also partners with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.
  • All forward-looking statements in this press release are based on information available to Azure Power as of the date hereof, and Azure Power assumes no obligation to update these forward-looking statements.

Azure Power Signs Agreement for 600 MW of First Solar's High-Performance Modules

Retrieved on: 
Monday, September 19, 2022

NEW DELHI, India, and TEMPE, Ariz., Sept. 19, 2022 /PRNewswire/ -- Azure Power Global Limited (NYSE: AZRE) ("Azure Power"), a leading independent sustainable energy solutions provider and renewable power producer in India, announced that it has entered into an agreement for 600 megawatts (MW)DC of high-performance, advanced thin film photovoltaic (PV) solar modules from First Solar, Inc. (NASDAQ: FSLR).

Key Points: 
  • Under the agreement, Azure Power is expected to take delivery of First Solar's Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025.
  • Having a long-term agreement with global solar modules technology leaders like First Solar is key to de-risking our supply side with the latest technology available in the market," said Rupesh Agarwal, acting chief executive officer, Azure Power.
  • Azure Power also partners with commercial and industrial customers in their decarbonization journey by providing comprehensive solutions for their clean energy needs.
  • All forward-looking statements in this press release are based on information available to Azure Power as of the date hereof, and Azure Power assumes no obligation to update these forward-looking statements.

Terra-Gen Closes Financing for Second Phase of Edwards Sanborn Solar Storage Franchise in California

Retrieved on: 
Friday, September 16, 2022

This phase of the Edwards Sanborn Solar Storage facility is composed of 410 MWac of (megawatts, alternating current) of nameplate solar capacity (358 MWac at the point of interconnection) and 1,786 MWh (megawatt hours) of battery storage.

Key Points: 
  • This phase of the Edwards Sanborn Solar Storage facility is composed of 410 MWac of (megawatts, alternating current) of nameplate solar capacity (358 MWac at the point of interconnection) and 1,786 MWh (megawatt hours) of battery storage.
  • The first phase of the Edwards Sanborn project was financed in July 2021 and its 345 MW of PV and 1,505 MWh of storage are now fully operational.
  • Terra-Gen's Edwards Sanborn project is located in Kern County on land leased from Edwards Air Force Base as well as on adjacent private land.
  • When complete, the Edwards Sanborn Solar Storage franchise is expected to be the world's largest integrated solar powered battery storage project.

U.S. Department of Energy Launches Consortium to Advance Cadmium Telluride Solar Cell Technology and Supply

Retrieved on: 
Thursday, September 15, 2022

The demand for tellurium continues to increase, not only for solar cells, but for new battery technology and other applications.

Key Points: 
  • The demand for tellurium continues to increase, not only for solar cells, but for new battery technology and other applications.
  • CdTe solar cells, made from cadmium and tellurium, were first developed in the United States.
  • They offer the lowest cost-per-watt technology , have the shortest energy payback time and are the least carbon intensive in production.
  • First Solar, Inc. (Nasdaq: FSLR), broke ground in August 2021 on its third and largest CdTe solar cell manufacturing facility, located in Ohio.

First Solar to Invest up to $1.2 Billion in Scaling Production of American-Made Responsible Solar by 4.4 GW

Retrieved on: 
Tuesday, August 30, 2022

The investment is forecast to expand the companys ability to produce American-made solar modules for the US solar market to over 10 gigawatts (GW)DC by 2025.

Key Points: 
  • The investment is forecast to expand the companys ability to produce American-made solar modules for the US solar market to over 10 gigawatts (GW)DC by 2025.
  • The expansion will increase First Solars total investment in its Ohio manufacturing facilities to over $3 billion, with a cumulative annual production capacity of over 7 GWDC by 2025.
  • On its last earnings call on July 28, 2022, First Solar announced a record bookings backlog of 44.3 GWDC.
  • First Solar is a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules advancing the fight against climate change.

First Tellurium Secures Drilling Team for Exploration in Colorado and British Columbia

Retrieved on: 
Thursday, August 25, 2022

Drilling at the Colorado Klondike property will follow up on high-grade showings of both tellurium and gold identified through exploration by First Solar Inc. as part of their tellurium exploration initiative in the mid-2000s.

Key Points: 
  • Drilling at the Colorado Klondike property will follow up on high-grade showings of both tellurium and gold identified through exploration by First Solar Inc. as part of their tellurium exploration initiative in the mid-2000s.
  • Following a corporate mandate to terminate their exploration initiative and source tellurium through open markets, First Solar dropped Klondike prior to drilling the identified targets.
  • The property was then acquired by FTELs Colorado Project Manager John Keller, P.Geo, who had managed Klondike exploration for First Solar.
  • The report noted that Tellurium grades at Klondike were the highest encountered in the First Solars nationwide exploration program.

The Solar Encapsulation Market Is Expected To Reach $5 Billion By 2026 Due To The Rising Demand For Photovoltaic Installations

Retrieved on: 
Wednesday, August 24, 2022

LONDON, Aug. 24, 2022 /PRNewswire/ -- The rising demand for rooftop photovoltaic (PV) installations in developing economies is driving the solar encapsulation market growth. A PV system is an electric power system designed to supply usable solar power through photovoltaics (PV) and consists of an arrangement of components, including solar panels to absorb and convert sunlight into electricity. The demand for solar encapsulation increases in response to the rising rooftop PV installations in developing economies, as solar encapsulation is a mandatory process to ensure that PVs are reliable and to enable longer life.

Key Points: 
  • The Business Research Company's solar encapsulation market research report expands on key drivers, trends, and growth opportunities in the market.
  • LONDON, Aug. 24, 2022 /PRNewswire/ --The rising demand for rooftop photovoltaic (PV) installations in developing economies is driving the solar encapsulation market growth .
  • The demand for solar encapsulation increases in response to the rising rooftop PV installations in developing economies, as solar encapsulation is a mandatory process to ensure that PVs are reliable and to enable longer life.
  • As per the solar encapsulation industry overview, technology advancement is a key trend gaining popularity in market.

The Solar Encapsulation Market Is Expected To Reach $5 Billion By 2026 Due To The Rising Demand For Photovoltaic Installations

Retrieved on: 
Wednesday, August 24, 2022

LONDON, Aug. 24, 2022 /PRNewswire/ -- The rising demand for rooftop photovoltaic (PV) installations in developing economies is driving the solar encapsulation market growth. A PV system is an electric power system designed to supply usable solar power through photovoltaics (PV) and consists of an arrangement of components, including solar panels to absorb and convert sunlight into electricity. The demand for solar encapsulation increases in response to the rising rooftop PV installations in developing economies, as solar encapsulation is a mandatory process to ensure that PVs are reliable and to enable longer life.

Key Points: 
  • The Business Research Company's solar encapsulation market research report expands on key drivers, trends, and growth opportunities in the market.
  • LONDON, Aug. 24, 2022 /PRNewswire/ --The rising demand for rooftop photovoltaic (PV) installations in developing economies is driving the solar encapsulation market growth .
  • The demand for solar encapsulation increases in response to the rising rooftop PV installations in developing economies, as solar encapsulation is a mandatory process to ensure that PVs are reliable and to enable longer life.
  • As per the solar encapsulation industry overview, technology advancement is a key trend gaining popularity in market.