First Solar

American Solar: Longroad Energy Extends Agreement with First Solar, Increases Orders by 2 GW

Retrieved on: 
Tuesday, September 12, 2023

First Solar, Inc. (NASDAQ: FSLR) today announced that Longroad Energy, a US-based renewable energy developer, owner, and operator, has agreed to procure an additional 2 gigawatts (GW) of advanced thin film American solar modules.

Key Points: 
  • First Solar, Inc. (NASDAQ: FSLR) today announced that Longroad Energy, a US-based renewable energy developer, owner, and operator, has agreed to procure an additional 2 gigawatts (GW) of advanced thin film American solar modules.
  • The order for responsibly produced solar modules, which are expected to be delivered between 2027 and 2029, builds on an existing 3.7 GW framework agreement between the two companies and increases Longroad Energy’s total procurement of First Solar thin film modules to approximately 8 GW since 2017.
  • View the full release here: https://www.businesswire.com/news/home/20230912896457/en/
    First Solar today announced that Longroad Energy, a US-based renewable energy developer, owner, and operator, has agreed to procure an additional 2 gigawatts (GW) of advanced thin film American solar modules.
  • (Photo: Business Wire)
    “Longroad Energy and First Solar share a longstanding partnership that’s based on shared values and a common vision for a sustainable energy future,” said Michael Alvarez, co-founder and chief operating officer, Longroad Energy.

Reminder: First Solar to Host Analyst Day on September 7, 2023

Retrieved on: 
Thursday, August 31, 2023

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will host its Analyst Day on Thursday, September 7, 2023.

Key Points: 
  • First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will host its Analyst Day on Thursday, September 7, 2023.
  • Presentations by the Company’s management team will begin at 8:30 AM ET and will include updates on First Solar’s long-term business strategy, technology, and financial outlook.
  • Attendance for the event, hosted at First Solar’s manufacturing complex in Ohio, will be by invitation only.
  • The live video webcast of the event, along with all related materials, will be accessible via the First Solar Investor Relations website at https://analystdayvirtual.firstsolar.com .

Verdagy Welcomes Eric Olsen and Vikas Gupta to its Board

Retrieved on: 
Tuesday, August 22, 2023

Moss Landing, Calif., Aug. 22, 2023 /PRNewswire/ -- Verdagy, a pioneer in advanced alkaline water electrolysis electrolyzer technologies for large-scale industrial applications, today announced new appointments to its Board of Directors. Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.

Key Points: 
  • Aliaxis' CEO Eric Olsen and Shell Ventures' Partner Vikas Gupta are joining the Verdagy board during a period of rapid growth, as the company deploys its innovative technology in response to the Department of Energy's goal of $2/kg of levelized cost of hydrogen by 2026.
  • "Both Eric and Vikas have deep knowledge in the global transition to clean energy, and their perspectives will be valuable as we commercialize and scale our technology."
  • We have the chance to make a significant impact in the world," said Eric Olsen, Aliaxis CEO.
  • I am honored to join Verdagy's board to accelerate their development, scale up their activities and decarbonize industries," said Vikas Gupta, Partner at Shell Ventures.

Leeward Renewable Energy Completes Construction and Commences Commercial Operations at Oak Trail Solar in North Carolina

Retrieved on: 
Thursday, August 17, 2023

Leeward Renewable Energy, LLC (LRE) today announced that it has completed construction of its 100-megawatt (MW) Oak Trail Solar project near Moyock, North Carolina, and the facility has reached commercial operation.

Key Points: 
  • Leeward Renewable Energy, LLC (LRE) today announced that it has completed construction of its 100-megawatt (MW) Oak Trail Solar project near Moyock, North Carolina, and the facility has reached commercial operation.
  • “We are pleased to achieve commercial operation at Oak Trail Solar to help support Verizon’s sustainability goals,” said Jason Allen, LRE’s Chief Executive Officer.
  • “Oak Trail Solar is another example of how LRE seeks to meaningfully contribute to the communities where we live and operate.
  • “The renewable energy produced by Oak Trail Solar furthers Verizon’s commitment to protecting our planet and transitioning to a greener U.S. energy grid.”
    Oak Trail Solar created approximately 300 jobs at peak construction and will provide long-term renewable energy jobs and significant property tax contributions to Currituck County.

First Solar Establishes New Solar Industry Benchmark for Transparency with 2023 Sustainability Report

Retrieved on: 
Tuesday, August 15, 2023

First Solar , Inc. (Nasdaq: FSLR) today released its 2023 Sustainability Report and established a new industry benchmark for transparency by making public details of onsite third-party social audits conducted across its global manufacturing footprint in what is believed to be an industry first.

Key Points: 
  • First Solar , Inc. (Nasdaq: FSLR) today released its 2023 Sustainability Report and established a new industry benchmark for transparency by making public details of onsite third-party social audits conducted across its global manufacturing footprint in what is believed to be an industry first.
  • First Solar is also believed to be the first among the world’s largest solar manufacturers to have conducted third-party social audits across its operational global manufacturing footprint.
  • First Solar’s integrated manufacturing process helps eliminate risks and traceability challenges associated with outsourcing and the multiple supply tiers of conventional crystalline silicon solar manufacturing.
  • Details of the findings and First Solar’s corrective actions are included in the company’s 2023 Sustainability Report.

UbiQD Expands Collaboration with First Solar on Quantum Dot-Enhanced Solar Modules

Retrieved on: 
Tuesday, August 15, 2023

LOS ALAMOS, N.M., Aug. 15, 2023 /PRNewswire/ -- UbiQD, Inc., a New Mexico-based nanotechnology company, announced today that it has entered into a joint development agreement, with First Solar, Inc. (NASDAQ: FSLR), to further collaborate on developing the potential to incorporate fluorescent quantum dot technology in advanced solar modules. The two companies have been conducting exploratory work since early 2022, and the initial results have supported the more formalized joint-development effort announced today.

Key Points: 
  • LOS ALAMOS, N.M., Aug. 15, 2023 /PRNewswire/ -- UbiQD, Inc. , a New Mexico-based nanotechnology company, announced today that it has entered into a joint development agreement, with First Solar, Inc. (NASDAQ: FSLR), to further collaborate on developing the potential to incorporate fluorescent quantum dot technology in advanced solar modules.
  • Quantum dots (QDs) are semiconductor nanoparticles that exhibit high efficiency photoluminescence over a wide range of tunable colors, making them effective at optimizing light spectra.
  • UbiQD has launched several greenhouse products under its UbiGro® brand that adjust the spectrum of sunlight to enhance crop growth.
  • "If successful, this application in solar modules will be a perfect example of the broad applicability of our core technology.

Ameresco Announces Acquisition of Joint Forces Training Base-Los Alamitos Microgrid Asset

Retrieved on: 
Thursday, August 10, 2023

Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced its acquisition of an energy resilience project that combines a microgrid, solar panels and a battery energy storage system at Joint Forces Training Base (JFTB) in Los Alamitos, California.

Key Points: 
  • Ameresco, Inc. (NYSE:AMRC), a leading clean technology integrator specializing in energy efficiency and renewable energy, today announced its acquisition of an energy resilience project that combines a microgrid, solar panels and a battery energy storage system at Joint Forces Training Base (JFTB) in Los Alamitos, California.
  • Ameresco acquired the clean energy asset from Bright Canyon Energy, who was the developer of the microgrid.
  • The project will increase energy resilience for JFTB and Southern California by adding locally generated carbon-free renewable electricity to the grid.
  • The acquisition of the project was the first stage of a two-phase transaction between Ameresco and Pinnacle West Capital Corp.

First Solar Selects Louisiana for Fifth American Manufacturing Facility

Retrieved on: 
Thursday, August 10, 2023

First Solar, Inc. (Nasdaq: FSLR) today announced that it has selected the Acadiana Regional Airport in Iberia Parish, Louisiana as the location for its previously announced fifth fully vertically integrated manufacturing facility in the United States.

Key Points: 
  • First Solar, Inc. (Nasdaq: FSLR) today announced that it has selected the Acadiana Regional Airport in Iberia Parish, Louisiana as the location for its previously announced fifth fully vertically integrated manufacturing facility in the United States.
  • View the full release here: https://www.businesswire.com/news/home/20230810247940/en/
    First Solar today announced that it has selected the Acadiana Regional Airport in Iberia Parish, Louisiana as the location for its previously announced fifth fully vertically integrated manufacturing facility in the United States.
  • The company’s investment in Louisiana is expected to create over 700 new direct manufacturing jobs in the state.
  • (Photo: Business Wire)
    First Solar’s investment in Louisiana is expected to create over 700 new direct manufacturing jobs in the state.

Swift Current Energy Secures $779 Million in Project Financing for American-Made Double Black Diamond Solar Project

Retrieved on: 
Wednesday, August 9, 2023

BOSTON and HOUSTON, Aug. 9, 2023 /PRNewswire/ -- Swift Current Energy (Swift Current) announced today that it has closed project financing for its 800 MWdc (593 MWac) Double Black Diamond Solar project.

Key Points: 
  • BOSTON and HOUSTON, Aug. 9, 2023 /PRNewswire/ -- Swift Current Energy (Swift Current) announced today that it has closed project financing for its 800 MWdc (593 MWac) Double Black Diamond Solar project.
  • Lammers continued, "Since we began development of the project in 2018, the Swift Current team has felt a deep sense of conviction for Double Black Diamond Solar.
  • Uzoma Enyinna, Director of Project Finance, Truist Securities, said, "We're extremely pleased to support Swift Current Energy on the financing of the Double Black Diamond Solar project, extending the relationship with Swift Current and the teams at BAES Infrastructure and IFM, focusing on a cleaner and greener future together."
  • "This is a landmark transaction for Swift Current and a significant step toward building Swift Current into an industry-leading independent power producer.

IBN Announces Latest Episode of The Bell2Bell Podcast featuring Tyrone Docherty, President & CEO of First Tellurium Corp.

Retrieved on: 
Thursday, August 3, 2023

The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries.

Key Points: 
  • The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries.
  • Bell2Bell’s latest podcast features Tyrone Docherty, President & CEO of First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) , a company committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets.
  • To begin the interview, Docherty provided an introduction to the company’s business model and operating markets.
  • The latest installment of The Bell2Bell Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers, and the growing IBN Podcast Series .