National Grid Renewables buys 2 GW of First Solar modules for future projects
US developer National Grid Renewable Energy Resources has entered into a purchase agreement with First Solar for the supply of 2 GW of thin film modules in 2024 and 2025.
Over the past decade, National Grid Renewables and First Solar have collaborated on multiple projects, including the recently operational 200 MW Prairie Wolf Solar Project in Illinois and the currently under construction Noble Solar (275 MW) and Storage (125 MWh) Project in Texas. As a farmer-friendly and community-oriented company, National Grid Renewables develops projects for businesses and utilities that want to strengthen the U.S. electrical grid by reviving local economies and reinvesting them into a sustainable future. National Grid Renewables, headquartered in Minneapolis, is part of National Grid’s Ventures division and has a portfolio of solar, wind and energy storage projects located across the United States at various stages of development, construction and operation.
“National Grid Renewables and First Solar share more than just deep roots in the US Midwest and a long-term strategic partnership. We share a common vision of the need to create a sustainable energy future,” said Nathan Franzen, Vice President, Development for National Grid Renewables. “We are excited to partner with First Solar as we continue our mission to deploy clean, economically beneficial and community-based solar projects powered by responsibly sourced U.S. solar technology.”
First Solar’s CdTe thin film panels are designed and manufactured in the United States.
“As America’s solar company, we are proud that National Grid Renewables has once again chosen our technology to bolster its mission to re-energize America’s rural communities,” said Georges Antoun, First Solar’s Chief Commercial Officer. “Experienced property developers and owner-operators like National Grid Renewables understand the importance of both, isolating themselves from price and supply volatility and staying true to their values and principles. Both factors are invaluable in helping them successfully deal with some of the industry’s headwinds.”
In addition to manufacturing facilities in Ohio, First Solar operates factories in Vietnam and Malaysia and is building a new 3.3 GW Plant in India it is expected to be commissioned in the second half of 2023. With First Solar’s expansion in the United States and India and optimization of its existing fleet, the company expects its nameplate production capacity to double to 16 GW by 2024.
News item from First Solar