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Released December 07, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Renewable energy developer Swift Current Energy (Boston, Massachusetts) is paving the way for more U.S. solar power projects with a substantial order for solar modules from leading provider First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) that was confirmed earlier this year, paving the way for a relationship between the two companies through 2028.
After procuring 3.3 gigawatts (GW) of solar modules from First Solar last year, Swift Current earlier this year reported a successful contract with First Solar to provide 500 megawatts (MW) of the company's newest Series 7 thin-film modules. The most recent order calls for deliveries scheduled in 2027 and 2028. The new contract will help pave the way for future project activity for both companies. Industrial Info is tracking more than $2.9 billion worth of active Swift Current projects, while First Solar is at work on $1 billion+ manufacturing plants in Alabama and Louisiana in addition to other projects.
The bulk of Swift Current's planned spending is slated for the U.S. Great Lakes and Northeast market regions. Among the company's projects under construction is the Double Black Diamond solar farm near Waverly, Illinois. The facility is being built on a 4,100-acre site on the Morgan and Sangamon county lines. Construction kicked off early this year and entails putting in place more than 520,000 First Solar modules to achieve nameplate generation of more than 590 MW upon completion, which is expected toward the end of next year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the full report.
Also under construction is Swift Current's Harvest Gold solar farm near Indianola, Mississippi. Engineering, procurement and construction (EPC) contractor Moss & Associates Construction Company LLC (Fort Lauderdale, Florida) kicked off construction toward the middle of last year, and the project is expected to last about a year. The 99-MW facility also will feature First Solar modules. Subscribers can click here to learn more about the project.
While this year's panel order for 2027-28 delivery may seem like a long way off, Swift Current already is gearing up for projects during that time. Tentatively planned to start construction in 2027 is the Mineral Basin solar farm in Wampum, Pennsylvania. Upon completion, which is expected in late 2027 or early 2028, the facility likely will be using First Solar modules to achieve nameplate generation of 222 MW. Subscribes can click here to learn more.
Meanwhile, First Solar continues its strong growth in the U.S. Having earlier this year commissioned an expansion to increase production at its facility in Walbridge, Ohio, First Solar already is underway with another expansion of that plant, as well as grassroot facilities in Alabama and Louisiana. All the new capacity is being developed for the company's Series 7 modules. The Ohio expansion kicked off earlier this year and involves constructing and a 146,000-square-foot building addition with supporting equipment to increase solar module production by 0.9 GW. The project is expected to be completed late next year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here to learn more.
Construction on First Solar's grassroot plant in Trinity, Alabama, began earlier this year on a 55-acre site. In 2025, the 2.4 million-square-foot facility is expected to begin producing 3.5 GW of the Series 7 modules annually. Work on the plant in New Iberia, Louisiana, began a few months later, and production at this 2 million-square-foot facility is expected to begin in 2026. Upon completion of the Louisiana facility, the Series 7 modules will constitute more than two-thirds of First Solar's domestic output, according to news media. Subscribers can learn more by viewing the project reports for the Alabama and Louisiana projects.
This renewed round of construction activity from First Solar is due, in no small part, to the Inflation Reduction Act, which incentivizes the production and use of renewable energy components in the U.S. The new plants are being built to help meet overwhelming demand since the act's passage. In April of this year, before construction of the new plants began, First Solar reported it was sold out of modules through 2026.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of this projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
After procuring 3.3 gigawatts (GW) of solar modules from First Solar last year, Swift Current earlier this year reported a successful contract with First Solar to provide 500 megawatts (MW) of the company's newest Series 7 thin-film modules. The most recent order calls for deliveries scheduled in 2027 and 2028. The new contract will help pave the way for future project activity for both companies. Industrial Info is tracking more than $2.9 billion worth of active Swift Current projects, while First Solar is at work on $1 billion+ manufacturing plants in Alabama and Louisiana in addition to other projects.
The bulk of Swift Current's planned spending is slated for the U.S. Great Lakes and Northeast market regions. Among the company's projects under construction is the Double Black Diamond solar farm near Waverly, Illinois. The facility is being built on a 4,100-acre site on the Morgan and Sangamon county lines. Construction kicked off early this year and entails putting in place more than 520,000 First Solar modules to achieve nameplate generation of more than 590 MW upon completion, which is expected toward the end of next year. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the full report.
Also under construction is Swift Current's Harvest Gold solar farm near Indianola, Mississippi. Engineering, procurement and construction (EPC) contractor Moss & Associates Construction Company LLC (Fort Lauderdale, Florida) kicked off construction toward the middle of last year, and the project is expected to last about a year. The 99-MW facility also will feature First Solar modules. Subscribers can click here to learn more about the project.
While this year's panel order for 2027-28 delivery may seem like a long way off, Swift Current already is gearing up for projects during that time. Tentatively planned to start construction in 2027 is the Mineral Basin solar farm in Wampum, Pennsylvania. Upon completion, which is expected in late 2027 or early 2028, the facility likely will be using First Solar modules to achieve nameplate generation of 222 MW. Subscribes can click here to learn more.
Meanwhile, First Solar continues its strong growth in the U.S. Having earlier this year commissioned an expansion to increase production at its facility in Walbridge, Ohio, First Solar already is underway with another expansion of that plant, as well as grassroot facilities in Alabama and Louisiana. All the new capacity is being developed for the company's Series 7 modules. The Ohio expansion kicked off earlier this year and involves constructing and a 146,000-square-foot building addition with supporting equipment to increase solar module production by 0.9 GW. The project is expected to be completed late next year. Subscribers to Industrial Info's Industrial Manufacturing Project Database can click here to learn more.
Construction on First Solar's grassroot plant in Trinity, Alabama, began earlier this year on a 55-acre site. In 2025, the 2.4 million-square-foot facility is expected to begin producing 3.5 GW of the Series 7 modules annually. Work on the plant in New Iberia, Louisiana, began a few months later, and production at this 2 million-square-foot facility is expected to begin in 2026. Upon completion of the Louisiana facility, the Series 7 modules will constitute more than two-thirds of First Solar's domestic output, according to news media. Subscribers can learn more by viewing the project reports for the Alabama and Louisiana projects.
This renewed round of construction activity from First Solar is due, in no small part, to the Inflation Reduction Act, which incentivizes the production and use of renewable energy components in the U.S. The new plants are being built to help meet overwhelming demand since the act's passage. In April of this year, before construction of the new plants began, First Solar reported it was sold out of modules through 2026.
Subscribers to Industrial Info's GMI Database can click here to view reports for all of this projects discussed in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
