Swift Present Vitality, a Boston-headquartered developer, proprietor and operator of utility-scale clear vitality belongings, has contracted with First Photo voltaic for 500 MW of its Collection 7 thin-film modules.
This order will see modules delivered between 2027 and 2028. The corporate beforehand positioned orders for 3.3 GW of First Photo voltaic modules final yr.
“As we proceed to progress our US growth pipeline, certainty of pricing and provide is important to making sure that we ship capability as deliberate,” says Eric Lammers, co-founder and CEO of Swift Present Vitality. “This newest settlement with First Photo voltaic helps our effort to construct a resilient, aggressive worth chain whereas supporting investments in home manufacturing.”
First Photo voltaic has roughly 6 GW of operational, totally vertically built-in nameplate capability within the U.S. Along with its third Ohio manufacturing facility, commissioned earlier this yr, First Photo voltaic anticipates additional increasing its footprint within the state by 0.9 GW whereas constructing new manufacturing amenities in Alabama and Louisiana, every with an anticipated annual nameplate capability of three.5 GW.