U.S. power producer Silicon Ranch has secured an additional 700 MW of solar modules with First Solar on top of their 4 GW master supply agreement (MSA) announced in April 2022.
The order has been placed to support Silicon Ranch’s growing portfolio of contracted solar projects.
The growing partnership between Silicon Ranch and First Solar dates back to 2015, when Silicon Ranch became the first owner-operator of PV plants to utilize First Solar technology on projects in the southeastern US.
“This expansion represents the latest partnership development for Silicon Ranch that supports domestic infrastructure,” said Silicon Ranch in a statement.
In addition to its agreements with First Solar, the company has recently announced new agreements with strategic US partners, including one with Nextracker.
“One of our guiding principles at Silicon Ranch is that we choose the right path over the easier path to get the job done, and this agreement with First Solar represents the ‘right path’ for our module supply,” said Reagan Farr, co-founder and chief executive officer at Silicon Ranch.
The 4 GW MSA signed in April will see Silicon Ranch’s projects in the United States receive modules from 2023 to 2025. The deal is one of First Solar’s largest.