First Solar will supply 700 MW solar modules to Silicon Ranch

By Saur News Bureau/ Updated On Fri, Oct 21st, 2022

Highlights :

The companies call it the expansion of the 4-GW master supply agreement (MSA) that they signed in April.
First Solar held that the new agreement reinforces a shared commitment by both the companies to increase the domestic supply and promote lower-carbon production processes.

Tennessee based independent power producer, Silicon Ranch and America’s largest solar manufacturer, First Solar, announced the expansion of the 4-GW master supply agreement (MSA) that they signed in April. To support its growing portfolio of contracted solar projects, Silicon Ranch has secured an additional 700 megawatts (MW) of advanced, responsibly produced, thin film photovoltaic (PV) solar modules, designed and developed in the United States.

In 2015 Silicon Ranch became the first PV plants operator to have utilized First Solar technology on projects in the USA. The official statement of First Solar held that the new agreement reinforces a shared commitment by both the companies to increase the domestic supply and promote lower-carbon production processes.

In addition to its significant long-term agreements with First Solar, Silicon Ranch recently announced new agreements with strategic US partners, including one with Nextracker to improve the carbon footprint of its tracker supply, while supporting additional investments in US manufacturing capabilities.

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Reagan Farr, CEO, Silicon Ranch, said, “One of our guiding principles at Silicon Ranch is that we choose the right path over the easier path to get the job done, and this agreement with First Solar represents the ‘right path’ for our module supply.”

Georges Antoun, Chief Commercial Officer, First Solar, said, “Since the beginning of our relationship, it has been clear that Silicon Ranch places genuine emphasis on responsible solar development, and with the lowest carbon and water footprint of any commercially available PV technology, First Solar delivers reliable and responsibly produced modules right in line with this vision.”

Last month, the module manufacturer announced plans to invest up to $1.2 billion in scaling the production of photovoltaic (PV) solar modules increasing the company’s capacity for the US solar market to over 10-GW DC by 2025.