Swift Current Energy orders 2 GW of additional First Solar modules

• Swift Current Energy, an independent power manufacturer (IPP) as well as renewables developer with a 9-GW-plus pipeline, has placed a new multi-year order with First Solar Inc (NASDAQ: FSLR) for the supply of thin-film photovoltaic (PV) modules, even larger than the prior one.

In January, Swift Current Energy purchased over 1.2 GW DC of First Solar modules for deliveries in 2023 and also 2024. Now, the Boston-based company wishes to get an additional 2 GW DC of panels in the duration 2025-2026.

"With the United States rapidly advancing its energy facilities, our project pipeline is growing and also we're concentrated on making certain that our capacity comes online as prepared," claimed Eric Lammers, ceo of Swift Current Energy. Since its beginning in 2016, the company has actually commercialised more than 1 GW of renewable energy projects.

At The Same Time, First Solar is working hard to increase its annual solar module manufacturing capacity and also anticipates to go beyond 20 GW DC because respect in 2025. This would consist of over 10 GW in the US alone, where it presently has 2 factories, is building a third one in Ohio, and also has plans for a fourth in the Southeast.