First Solar To Supply 27MW to Juwi Projects

First Solar (Nasdaq: FSLR) has been selected by Colorado-based developer and EPC contractor juwi solar Inc., a subsidiary of Germany’s juwi Holding AG, to supply solar modules for two U.S. projects. These projects represent new supply orders and do not fall within the existing long-term framework agreement between First Solar and juwi solar GmbH.

The projects include a 15-megawatts (MW) installation for JEA, the eighth largest community-owned electric utility in the U.S. First Solar will also supply another 12 MW for juwi solar Inc.’s project with American Electric Power (NYSE: AEP)in Ohio.

The two installations are expected to begin construction in 4Q09 and to be completed before the end of 2010.

“We are very encouraged that First Solar is supplying its proven and financeable modules for these initial U.S. utility-scale projects developed by juwi solar. We expect that our strong relationship with First Solar will be an important element toward the expansion of solar power in the United States,” said Michael Martin, managing director of juwi solar Inc.

First Solar is one of the many green stocks covered in Progressive Investor. Click here to learn more. 

Website: http://www.firstsolar.com     
(Visited 3,234 times, 6 visits today)

Post Your Comment

Your email address will not be published. Required fields are marked *