First Solar, Inc. (Nasdaq: FSLR) announced today that it has been selected by Masdar Abu Dhabi Future Energy Company to supply 5 megawatts (MW) of its thin film solar modules to be part of a grid-connected photovoltaic (PV) system supplying power to Masdar City.
Masdar City in Abu Dhabi, United Arab Emirates is considered by many to be the world’s most ambitious sustainable development to date, with plans to be the world’s first carbon-neutral, zero waste, car-free city powered entirely by renewable energy sources.
The PV plant is being designed and constructed by Abu Dhabi based solar power system integrator Enviromena Power Systems. Construction has begun, and the system is expected to be commissioned and producing power by the end of 2Q09.
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Masdar’s own solar company, Masdar PV GmbH, recently signed a letter of intent for the delivery of silicon based thin-film modules with Parabel AG, a German system integrator.
In a first step the agreement comprises the supply of more than 50 MW PV modules until 2011, starting with Masdar´s production ramp up in 2009.
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