On August 18, 2009
First Solar’s Utility Contracts Pass Production Capacity
Thin-film solar panel maker First Solar now has a second giant utility contract totaling 550 megawatts, a deal it announced today with the utility Southern California Edison. Together with the 550MW installation on California’s Carrizo Plain that First Solar inherited when it bought Optisolar, the company now has contracts with utilities for over 1.2 gigawatts of power (including some smaller deals like one for 58MW with Sempra Generation). That exceeds the single gigawatt production capacity that First Solar earlier said it would hit this year. The new contract with SCE splits the full 550MW between two installations, one of which will start in 2012 and the second in 2013, and will likely take place over a year or two, so…
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