MidAmerican Renewables, LLC Completes Acquisition of 550-MegawattAC Topaz Solar Farm

The press release states, “MidAmerican Renewables, LLC, a subsidiary of MidAmerican Energy Holdings Company, announced it has completed its acquisition of the Topaz Solar Farm from First Solar, Inc. (NASDAQ: FSLR). The 550-megawatt photovoltaic power plant being built in San Luis Obispo County, Calif., will have the capacity to generate enough renewable energy to power [...]

First Solar Sets Another World Record for CdTe Solar PV Efficiency

According to the press release, “First Solar, Inc.  today announced it set a new world record for cadmium-telluride (CdTe) photovoltaic (PV) solar module efficiency, achieving 14.4 percent total area efficiency. The U.S. Department of Energy’s National Renewable Energy Lab (NREL) confirmed the record, which eclipsed the prior record of 13.4 percent, which also was set [...]

First Solar Dedicates Mesa Factory Site

According to the press release, “First Solar, Inc.  dedicated its factory site in Mesa, Ariz., at a ceremony held this morning. The company also announced that Todd Spangler has been appointed Site Director and General Manager of the new Mesa factory, having previously served as General Manager of First Solar’s factory in Perrysburg, Ohio. Mike [...]

DOE Offers Loan Guarantee for $4.5 Bil in Loans for 3 CA Solar Power Plants

According to the press release, “U.S. Energy Secretary Steven Chu today announced offers of conditional commitments for loan guarantees, of approximately $4.5 billion, to support three alternating current Cadmium Telluride (Cd-Te) thin film photovoltaic (PV) solar generation facilities.  The Department is offering a conditional commitment for a $680 million loan guarantee to support the Antelope [...]

First Solar Reaches 4 Gigawatt Manufacturing Milestone

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) today announced that it has manufactured 4 gigawatts (GW) of thin-film photovoltaic solar modules since beginning commercial production in 2002. A 4GW generation capacity is enough solar electricity to power around two million households, displacing more than 2.5 million metric tons of CO2 emissions a [...]

First Solar & China Power International New Energy Announce International Cooperation Framework Agreement

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) and China Power International New Energy Holding Limited (CPINE), a wholly owned subsidiary of China Power New Energy Development Company Limited (CPNE; HKEX Stock Code: 735), today signed a strategic cooperation framework agreement to collaborate on solar photovoltaic (PV) projects in China, the United States [...]

First Solar, Southern California Edison Sign Contract for 250 MW of Solar PV Power

The press release states, “Southern California Edison (SCE) has signed a power purchase agreement with First Solar for 250 megawatts AC of electricity to be generated with solar photovoltaic panels. This emission-free power source is the equivalent, in greenhouse gas terms, of removing 30,000 cars from the road annually. The solar panels will be ground-mounted [...]

First Solar Completes Acquisition of NextLight Renewable Power

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) today announced it has completed the acquisition of NextLight Renewable Power, LLC, a solar development firm formed by the inaugural fund of Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. With the NextLight acquisition, First Solar now has [...]

First Solar Joins the Desertec Industrial Initiative

According to the press release, “First Solar Inc. (NASDAQ: FSLR) on Tuesday announced that it had joined the Desertec Industrial Initiative as an Associated Partner to demonstrate the potential of photovoltaic (PV) solar technology to provide clean, sustainable energy on a vast scale by harnessing the desert sun. A leader in utility-scale solar power plants, [...]

First Solar Signs Contract with PG&E for 300 MW Photovoltaic Solar Power Project

According to First Solar, “First Solar, Inc. (Nasdaq: FSLR) today announced a power purchase agreement to supply Pacific Gas and Electric Company with renewable electricity from a 300 megawatt (AC) utility-scale photovoltaic solar power facility that First Solar is developing in Southern California. The Desert Sunlight project, to be located near Desert Center in eastern [...]

First Solar Acquires Solar Project Development Pipeline from Edison Mission Group

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR), one of the world’s largest solar module manufacturers and utility systems providers, has completed the acquisition of a portion of Edison Mission Group’s (EMG) solar project development pipeline. The utility-scale solar projects are located in California and the Southwest. “Acquiring the EMG development pipeline extends [...]

A loss for First Solar

First Solar, one of the premier solar power companies has taken a few hits lately. One of their most recent issues has led to the stopping of one of their projects in Colorado, United States. In Colorado, First Solar was to build a 150 Mega-watt solar facility in the high desert of the San Luis [...]

First Solar Becomes First PV Company to Produce 1GW in a Single Year

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR) today announced it has manufactured and shipped more than 1 gigawatt (GW) of its photovoltaic (PV) solar modules in 2009, becoming the first PV company to attain this production volume in a single year. One gigawatt of solar modules produces enough electricity to serve the [...]

First Solar and Ordos Take Key Step Forward in 2GW China Project

According to the Press Release by First Solar, “First Solar, Inc. (Nasdaq: FSLR) today announced a Cooperation Framework Agreement with the Chinese government that takes another critical step towards the realization of the world’s largest solar power plant in the autonomous region of Inner Mongolia, China. First Solar President Bruce Sohn and Mayor Yun Guangzhong [...]

Solar Recycling

Green technology is the way of the future, as it will provide consumers and businesses a cleaner way of completing essential tasks while having far less of a negative impact on the environment. Green energy, in the forms of solar, wind, geo-thermal and hydro will soon gain a bigger foothold in electric grids across the [...]

Solar Business – Ups and Downs

While green technology has taken off around the world, in several areas the concentration of an environmentally friendly ideal has truly sprouted wings. While the enlightened masses try their best to do their part to stave off global warming and reduce their carbon footprint, for some it is simply not enough. There is now a [...]

First Solar to Team With Ordos City on Major Solar Power Plant in China Desert

Press release states, ” Sep. 8, 2009– First Solar today announced a memorandum of understanding (MOU) with the Chinese government to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China. Pursuant to the MOU, signed in the presence of Chairman Wu Bangguo of the Standing Committee of the National People’s Congress [...]