First Solar, XSOL strike Japan deal
First Solar has struck a deal to annually install up to 100MW (DC) of its cadmium telluride thin-film modules in Japan.
The Arizona-based company will supply modules for utility-scale projects and smaller installations in the country via a new agreement with Japanese PV systems distributor XSOL.
It did not reveal the terms of the agreement.
"First Solar is investing in Japan's energy future," Karl Brutsaert, First Solar’s business development director in Japan, said in an online statement.
Late last year, First Solar unveiled plans to spend roughly $100m to develop PV projects throughout Japan.
In March, it finished its first Japanese project, a 1.3MW ground-mount array in the southwestern city of Kitakyushu.
In June, it said it was close to securing $230m and $60m of loans to complete a 141MW (AC) solar project in Chile's Atacama Desert. The plant will be its first project in the country and the biggest such installation in Latin America.
It also signed a deal in June to acquire Skytron-energy, a Berlin-based unit of AEG Power Solutions, in a bid to muscle into the European PV plant management and services market.