First Solar, Inc. (First Solar) has announced that it has entered into a Sales and Purchase Agreement (SPA) with Leeward Renewable Energy Development, LLC (Leeward), pursuant to which Leeward will acquire from First Solar a utility-scale solar project platform of approximately 10 GWAC. The transaction is expected to close in 1Q2021, after obtaining regulatory approvals […]
First Solar Sells Off Majority of Development Pipeline
Texas-based Leeward Renewable Energy will obtain about 10 gigawatts’ worth of solar projects from the sale. First Solar will pass 10 gigawatts of in-development projects to wind developer Leeward Renewable Energy, the companies announced Monday, as the solar manufacturer continues to overhaul its business. The sale accounts for a majority of First Solar’s project assets, […]
First Solar has committed to invest Rs 4,185 crore in Tamil Nadu
The firms which have signed MoU includes Torrent Gas, First Solar, Crown Group of Companies, Ola Electric, Voltas, Mylan and Mahindra CIE, among others. The MoUs were signed in the presence of Tamil Nadu chief minister Edappadi K Palaniswami. Pushing ahead with its development agenda, the Tamil Nadu government on Monday signed 18 Memorandum of […]
First Solar, Toshiba ESS to build close to 60 MW of PV parks in Japan
First Solar, Toshiba ESS to build close to 60 MW of PV parks in Japan..Read More.. Source :renewablesnow
Greenskies Becomes First Solar Developer to Achieve Stem’s Premier Partner Status with Stem University
MILLBRAE, Calif. and SUNNYVALE : Stem, Inc., the global leader in artificial intelligence (AI)-driven energy storage services, today announced that Greenskies Clean Energy, a leading developer of commercial and industrial (C&I) solar-power facilities, is the first company to achieve Premier Partner status in the Stem Partner Program with a required minimum 5MWh of fulfilled projects […]
World’s Largest Solar Project Will Also Be Its Cheapest
A consortium comprising EDF and JinkoSolar emerges as the leading bidder in Abu Dhabi’s latest solar tender. Abu Dhabi has set a global record-low solar price as authorities confirmed the winning bid in a 2-gigawatt tender. Upon its expected completion in mid-2022, it is slated to be the largest single-site solar energy project in the […]
First Solar to pay $350 million to end shareholder lawsuit, avert trial
First Solar Inc said on Monday it agreed to pay $350 million to settle a long-running shareholder lawsuit accusing the solar panel maker of inflating its stock price by concealing design defects and reporting misleading financials over nearly four years. The class-action settlement requires approval by U.S. District Judge David Campbell in Phoenix, and […]
Whiplash: Bifacial Solar Modules to Retain US Tariff Exemption
In a win for project developers, a court blocked the Trump administration from withdrawing a tariff exemption for imported bifacial solar modules. A court has blocked the Trump administration’s decision in October to take away the tariff exemptions it granted bifacial solar modules earlier this year, offering a reprieve for U.S. solar developers — and […]
Court Temporarily Halts Trump Administration’s U-Turn on Bifacial Solar Modules
The bifacial solar module exemption lives to fight another day in a provisional win for developers like Invenergy. A bid from renewables developer Invenergy to temporarily pause the Trump administration’s abrupt decision to reimpose tariffs on bifacial solar panels has been granted. The Trump administration granted bifacial panels an exemption from the broader U.S. solar […]
Helios Completes First Solar Energy Asset Portfolio
Helios Infrastructure fund projects produce enough power for nearly 4,000 homes WASHINGTON : Today, Sol Systems announced that Helios Infrastructure fund, its joint venture with Nationwide, has completed the financing and construction of its first solar portfolio. The entire portfolio is now in service and includes eight projects in North Carolina totaling 48.4 MW, which […]