National Grid, First Solar Expand Solar Panel-Purchase Agreement

December 16, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--National Grid Renewables, the U.S.-focused unit of National Grid plc (NYSE:NGG) (London, England), has agreed to purchase an additional 1.6 gigawatts (GW) of solar modules (solar panels) from First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona). Industrial Info is tracking two major solar-manufacturing projects from First Solar, and $9.1 billion worth of active projects from National Grid plc and its subsidiaries in the U.S., of which more than $6.5 billion is for solar generation.