Monday, April 4, 2016

First Solar reached 1 GW of sales in India





1 GW of PV capacity shipped to India makes First Solar the first thin film manufacturer to achieve this milestone in the country.
India’s ambitious solar goals have begun to look more achievable as First Solar announces its 1 GW milestone of PV capacity supplied for the country.
In its fourth quarter and full year 2015 results, the U.S.-based solar producer and developer had mentioned 20.03 GW of “booking opportunities”, with a substantial part of them in India, Latin America and the Middle East.
In February 2015, at India's first renewable energy global investment conference and expo RE-INVEST 2015 in New Delhi, First Solar made a “Green Energy Commitment” to develop 5 GW of solar capacity in the country by 2019. Four months later, the company has successfully powered a 20 MW PV plant in the southern Indian state of Telangana.
To date, 200 MW of utility-scale solar projects, wholly owned by First Solar, are under construction in India. This year, India is expected to add a total of 4.8 GW of utility-scale PV plants.



Original Post: PV Magazine  

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