October 8, 2012

First Solar finds Love in India




It’s been nearly two years since First Solar announced its first solar panel deal in India, and India has proven to be one emerging market that the company has found some success in. Now the company on Monday said it will sell 50 MW of its solar panels to developers Kiran Energy Solar Power and Mahindra Solar One for two projects in the Indian state of Rajasthan.

First Solar has won many solar panel sales contracts in India thanks to India’s national solar policy that calls for installing 20 GW of grid-connected solar energy generation projects by 2022.