First Solar to supply 500MW of thin film modules to Swift Current Energy

Facebook
Twitter
LinkedIn
Reddit
Email
Swift Current Energy orders 2GW of first solar thin film modules which will be delivered between 2025 and 2026. Image: First Solar

US cadmium telluride (CdTe) thin-film module manufacturer First Solar has announced an agreement to supply utility-scale renewables developer Swift Current Energy with 500GW of thin film modules.

The agreement will see First Solar’s thin-film CdTe Series 7 modules delivered between 2027 and 2028. Prior to the latest agreement, Swift Current Energy ordered 2GW of thin film modules, to be delivered between 2025 and 2026, in October 2022; and 1.2GW of thin film modules, to be delivered between 2023 and 2024, in January 2022.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“This latest agreement with First Solar supports our effort to build a resilient, competitive value chain, while supporting investments in domestic manufacturing, along with the jobs and economic benefits that come with it,” said Eric Lammers, co-founder and CEO of Swift Current Energy.

Swift Current Energy has commercialised more than 2.5GW of renewable energy projects, and has a project pipeline of more than 10GW of solar, wind and energy storage. The company also owns 1.4GW of renewables projects currently in operation or in advanced construction.

First Solar said the order was booked before the release of its third quarter financial results. In Q3, First Solar’s module production increased by 14% from the previous quarter, reaching a record of 3.2GW, and increased its production capacity for the seventh quarter in a row.

The company also secured a further 6.8GW of net bookings since the Q2 earnings call, bringing the total for the year to 27.8GW. First Solar also reached a module backlog of 81.8GW, which it expects to extend into 2030 as of the third quarter of 2023.

Read Next

August 1, 2025
US solar module manufacturer First Solar saw sales and net profits increase in Q2 2025, as it forecasts a strong performance under the Trump administration’s industrial and trade policy changes.
July 31, 2025
First Solar has completed a deal to sell US$391 million in tax credits, bringing its total tax credit sales this year to over US$1.5 billion.
July 10, 2025
UbiQD has signed a supply agreement with First Solar to supply its fluorescent quantum dot technology for use in the latter’s PV panels.
June 26, 2025
Researchers at the Solar Energy Research Institute of Singapore (SERIS) have claimed a record 26.4% conversion efficiency in a perovskite-organic tandem cell.
June 26, 2025
Nextracker will supply solar tracker systems to a 550MW solar PV project in the Greek province of Western Macedonia, owned by Greek renewables developer PPC Renewables.
June 25, 2025
First Solar has sold US$311.8 million in tax credits to “a leading financial institution” under the rules set out in the IRA.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK