Tuesday, June 23, 2009

Tempe: First Solar to Supply 10MW Panels to Australian Company

First Solar gets 10 MW contract from Australia
Phoenix Business Journal
Monday, June 15, 2009

First Solar Inc. will supply an Australian company with 10 megawatts of panels destined for power development.

The Tempe-based company signed an agreement with Bovis Lend Lease to supply them with panels, which the Australian company plans to incorporate into its development portfolio.

“We are pleased to be working with First Solar, one of the leading solar companies, and to be entering the solar procurement market,” said Tony Costantino, the company’s CEO. “This relationship allows us to meet the growing demands in renewable energy for our clients and ensures that solar energy is a consideration on every project. We look forward to working together on future opportunities.”

First Solar (Nasdaq: FSLR) has developed a good customer base in Europe and is working on North America. Having a place in Australia, which has vast land areas to work with, provides the company another venue to distribute its products, officials said.

“We are pleased they have chosen our technology for these projects. Together, we are investing in Australia’s green energy future,” said John Carrington, the company’s executive vice president of marketing and business development.

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