Potential offtaker

First Solar Inc

www.firstsolar.com

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Which other companies from United States of America are actively involved in decarbonization initiatives?
  • Kellogg's
  • Chabot-Las Positas Community College District
  • Atlas Air Worldwide Holdings, Inc.
  • Estee Lauder
  • Lamb Weston Holdings
  • Cumberland Valley School District
  • First Solar Inc is a leading provider of comprehensive photovoltaic (PV) solar energy solutions. The company is headquartered in Tempe, Arizona, and operates in the Thin Film Modules sector. First Solar is committed to decarbonisation and the promotion of renewable energy sources as a means of reducing carbon emissions and mitigating climate change. The company has a strong focus on corporate energy and corporate power purchase agreements (PPAs) as a means of driving the transition to renewable energy.

    First Solar was founded in 1999 and has since become a global leader in the production of thin-film solar modules. The company's thin-film technology is based on cadmium telluride (CdTe), which is a highly efficient and cost-effective material for producing solar cells. First Solar's thin-film modules are known for their high efficiency, superior performance in hot and humid conditions, and low carbon footprint.

    The company's commitment to decarbonisation is reflected in its mission statement, which states that First Solar is "committed to providing affordable solar energy solutions that reduce carbon emissions and create a more sustainable future." The company's products and services are designed to help customers reduce their carbon footprint by providing clean, renewable energy solutions.

    First Solar's corporate energy solutions are designed to help businesses and organisations transition to renewable energy sources. The company offers a range of services, including energy assessments, system design and installation, and ongoing maintenance and support. First Solar's corporate energy solutions are tailored to the specific needs of each customer, ensuring that they receive a system that is optimised for their energy requirements.

    Corporate PPAs are an important part of First Solar's corporate energy solutions. A PPA is a contract between a renewable energy provider and a customer, in which the provider agrees to supply the customer with a certain amount of renewable energy at a fixed price over a specified period. Corporate PPAs are an effective way for businesses and organisations to transition to renewable energy sources, as they provide a stable and predictable source of energy at a competitive price.

    First Solar has a strong track record in corporate PPAs, having signed several high-profile agreements with major corporations. In 2019, the company signed a 20-year PPA with D. E. Shaw Renewable Investments, which will see First Solar supply 100 megawatts (MW) of clean energy to California's Imperial Irrigation District. The agreement is one of the largest solar PPAs in the United States and will help to decarbonise California's energy mix.

    Renewable energy is a key focus for First Solar, and the company is committed to driving the transition to clean energy sources. The company's products and services are designed to help customers reduce their carbon footprint and move towards a more sustainable future. First Solar's thin-film modules are a highly efficient and cost-effective way to generate renewable energy, and the company's corporate energy solutions and PPAs are helping to drive the transition to clean energy sources.

    In conclusion, First Solar Inc is a leading provider of comprehensive photovoltaic solar energy solutions that operates in the Thin Film Modules sector. The company is committed to decarbonisation and the promotion of renewable energy sources as a means of reducing carbon emissions and mitigating climate change. First Solar's corporate energy solutions and PPAs are helping businesses and organisations transition to clean energy sources, and the company's thin-film modules are a highly efficient and cost-effective way to generate renewable energy. First Solar is a global leader in the production of thin-film solar modules and is playing a key role in driving the transition to a more sustainable future.

    ✓ Re100 Gold member
    ✓ Declared Net Zero commitment