First Solar, Inc. has announced that MN8 Energy LLC (โMN8โ) has placed orders for 457 megawatts (MW) of advanced thin film solar modules. This includes 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules. These modules are designated to fuel projects located in the northeastern and southern regions of the United States.
Established in 2017 as Goldman Sachs Renewable Power, MN8 currently manages a portfolio generating 3.2 GW. This portfolio caters to the renewable energy needs of more than 40 corporations, 70 government entities, and 20 utilities. MN8 has previously engaged with First Solar to acquire 123 MW American Kings Solar project located in California.
โWe are pleased to continue our relationship with First Solar, building certainty and resilience into our development pipeline,โ said David Fernandez, chief operations officer, MN8. โBy executing these agreements, MN8 demonstrates strong support for developing a robust domestic supply chain for the US renewable industry that upholds the highest environmental, sourcing, and manufacturing standards. Furthermore, weโre thrilled to be collaborating with a partner that shares our commitment to responsibly and domestically produced solar, strengthening our industryโs social license to operate.โ
โMN8 joins a growing number of renewable energy companies that are choosing certainty, competitiveness, and Responsible Solar by choosing First Solar,โ added Georges Antoun, chief commercial officer, First Solar. โWe thank MN8 for its trust and look forward to expanding this relationship.โ
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