NuAxiSemiconductor trade intelligence
Silicon Ranch commits to extra 1.5GW of First Solar’s PV modules
What happened
Silicon Ranch has committed to procure an additional 1.5GW of First Solar's Series 6 Plus CdTe thin-film PV modules. This is a significant, long-term offtake agreement from a major U.S. independent power producer, signaling strong and sustained demand for First Solar's U.S.-made products. Bullish: This large-volume, multi-year commitment secures future production capacity for First Solar and indicates robust underlying demand, which could tighten supply for other module buyers and support pricing.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
Cadmium Telluride (CdTe) Thin-Film PV Modules
First Solar Inc.
long-term-agreementdemand-surgecapacity-utilization
Source and time
Source: Semiconductor Today · 3/1/2023 · View original source
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