US solar market gets a $4.5 billion boost
Photovoltaics company First Solar has received around $4.5 billion in conditional loan guarantees to support three new solar power facilities.
The funding from the US Department of Energy (DOE) will help pay for the construction of three alternating-current, cadmium-telluride (Cd-Te), thin-film photovoltaic (PV) installations: Antelope Valley Solar Ranch 1 ($680 million), Desert Sunlight ($1.88 billion) and Topaz Solar ($1.93 billion).
Tempe, Arizona-based First Solar will provide Cd-Te thin-film solar PV modules for the projects from a new manufacturing plant now being built in Mesa, Arizona, as well as from its recently expanded manufacturing plant in Perrysburg, Ohio, which serves as its primary hub for engineering, research and development. The company expects the projects will create a combined 1,400 jobs in California during peak construction.
“These projects will bring immediate jobs to California in addition to hundreds more across the supply chain,” said Energy Secretary Steven Chu, upon announcing the conditional commitments for loan guarantees.
The 230-megawatt (MW) Antelope Valley Solar Ranch 1 project will feature a utility-scale deployment of innovative inverters with voltage regulation and monitoring technologies that are new to the US market. According to First Solar, the inverters will enable the project to provide more stable and continuous power, increasing the efficiency and reliability of large-scale (greater than 100 megawatts) solar power plants.
Power from the Antelope Valley facility will be sold to Pacific Gas & Electric (PG&E).
The 550-MW Desert Sunlight project is expected to use 8.8 million Cd-Te PV modules to generate enough electricity to power over 110,000 homes. The facility will be built in two phases, with 300 megawatts from phase one being sold to PG&E and 250 megawatts from phase two being sold to Southern California Edison.
PG&E will also buy power from the 550-MW Topaz Solar project, which will feature more than 8.5 million Cd-Te, thin-film PV modules.