First Solar has entered into a framework supply agreement with Geronimo Energy, a National Grid company. Under the agreement, First Solar will supply 415 MWDC of its Series 6 solar modules in 2022. This latest transaction has grown the relationship between the two companies to over 1.4 GW of both systems and module technology sales.
“Geronimo sees value in optimizing our solar projects with the Series 6 module. Its benchmark-setting degradation rate and lifetime energy yields make it the right choice to support our mission to help repower America’s grid with clean, renewable electricity,” said Nathan Franzen, Vice President of Development, Geronimo Energy. “First Solar and Geronimo have deep roots in the US Midwest and a shared commitment to a sustainable future. A strategic partnership like this helps Geronimo continue its mission to repower rural American communities with renewable energy projects through farmer-friendly development and local economic benefits.”
“Geronimo and First Solar have a longstanding relationship that’s based on shared values and a common vision for a sustainable energy future,” said Darin Green, Senior Director, Business Development, First Solar. “Geronimo’s evolution into one of the country’s largest and most respected independent power producers is an American success story. As America’s solar company, we’re proud that our Series 6 technology will play a role in their continued growth, enabling the success of their multi-gigawatt US solar pipeline.”
First Solar recently expanded its manufacturing capacity to meet the demand for Series 6 modules, starting production at its new module manufacturing facility in Lake Township, Ohio, in October 2019. Representing over $1 billion in cumulative investment, the new facility expanded First Solar’s annualized manufacturing capacity in the United States to 1.9GWDC, making it the largest solar manufacturer in the Western Hemisphere. The company also operates manufacturing facilities in Vietnam and Malaysia, with a global annualized Series 6 manufacturing capacity of 5.5GWDC.