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Deal is for 200MWdc of Series 6 modules for DESRI project pipeline.
December 6, 2017
By: DAVID SAVASTANO
First Solar, Inc. has completed a module sale deal with an affiliate of D. E. Shaw Renewable Investments, L.L.C. (DESRI) totaling 200 megawatts (MW)dc and with delivery dates in 2019. Terms of the deal were not disclosed.  First Solar will provide 200MWdc of its new large area Series 6 thin film photovoltaic (PV) modules to DESRI for its near-term pipeline of projects going into construction in the next two years in the US. In addition, First Solar signed operations and maintenance (O&M) contracts for two projects that DESRI is developing.  In addition to this module sale, DESRI has acquired three solar projects from First Solar since 2016 – the 40MWac Cuyama Solar Project in Santa Barbara County, CA; the 31MWac Portal Ridge Solar Project in Los Angeles County, CA; and the 11MWac Rancho Seco Solar Project in Sacramento County, CA.
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