Impartial energy producer Silicon Ranch and photo voltaic producer First Solar Inc. have expanded the 4 GW grasp provide settlement (MSA) that the companions introduced in April 2022. To assist its rising portfolio of contracted photo voltaic initiatives, Silicon Ranch has secured a further 700 MW of superior thin-film photovoltaic (PV) photo voltaic modules, designed and developed in america.
The rising partnership between Silicon Ranch and First Photo voltaic dates again to 2015, when Silicon Ranch grew to become the primary owner-operator of PV vegetation to make the most of First Photo voltaic know-how on initiatives within the southeastern US.
Notably, this enlargement represents the most recent partnership growth for Silicon Ranch that helps home infrastructure. Along with its long-term agreements with First Photo voltaic, the corporate has just lately introduced new agreements with strategic U.S. companions, together with one with Nextracker to enhance the carbon footprint of its tracker provide, whereas supporting extra investments in U.S. manufacturing capabilities.
“Considered one of our guiding ideas at Silicon Ranch is that we select the appropriate path over the better path to get the job executed, and this settlement with First Photo voltaic represents the ‘proper path’ for our module provide,” says Reagan Farr, co-founder and CEO at Silicon Ranch. “In latest months, Silicon Ranch has re-affirmed our management in supporting US photo voltaic producers and decarbonizing our provide chain, and we’re happy to attain this progress by working collaboratively with our strategic companions to ship the absolute best energy vegetation to serve our clients and communities throughout the U.S.”
“For the reason that starting of our relationship, it has been clear that Silicon Ranch locations real emphasis on accountable photo voltaic growth, and with the bottom carbon and water footprint of any commercially out there PV know-how, First Photo voltaic delivers dependable and responsibly produced modules proper consistent with this imaginative and prescient,” states Georges Antoun, chief business officer at First Photo voltaic. “We’re happy to increase First Photo voltaic’s position as Silicon Ranch’s trusted accomplice with one other long-term module provide settlement.”
