First Solar’s Popularity Spikes

Release

First Solar, Inc. announced that it has signed agreements with seven key customers for a 380 MW increase in orders for 2011 over previously announced volumes. The expanded contracts are with existing customers and will serve predominantly European markets.

"Our customers continue to expect robust growth in the market for solar electricity in Europe next year," said Stephan Hansen, managing director of First Solar’s European sales and customer service organization. "The additional volumes will allow First Solar to continue to scale and contribute to making solar electricity more affordable globally."

The new contracts were all signed in recent weeks and follow announcements that First Solar is planning to add manufacturing capacity in Germany and France in order to better meet local demand and to encourage the development of the market for utility-scale solar electricity.

About First Solar, Inc.

First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic (PV) system solutions. The company is delivering an economically viable alternative to fossil-fuel generation today. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective, renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit https://www.firstsolar.com.

Get your subscription NOW to receive the latest issue that includes a regional scope of Western Africa, geopolitical strategies at the expense of Africa, solar PV and cookers, and much more.