Energix Renewables has agreed to procure 51 gigawatts (GWDC) of its solar modules from First Solar.
The modules, which will power Energix projects in Israel, Poland, and the United States, will be delivered between 2026 and 2030.
Energix Renewable Energy has an aggregate portfolio of renewable energy projects of more than 8.5GW MW and 7GW storage, over 867MW of operational projects worldwide and 850 projects under or near construction — as of May 2023.
Energix, one of Israel’s largest renewable energy companies with more than 7 GW of projects under development in Israel, Poland and the United States, has also contracted First Solar Recycling Services to manage end-of-life handling of decommissioned modules.
Prior to this deal, the company has placed over 3.5 GWDC of orders for First Solar technology since 2017.
“This deal, our largest ever, strongly reflects the long-term strategic partnership we share with First Solar. It also constitutes a significant milestone for Energix’s long-term growth, as we rapidly expand our global pipeline, with an emphasis on the United States,” said Asa (Asi) Levinger, chief executive officer, Energix.
First Solar said its solar modules have the lowest carbon and water footprint of any PV module. It’s the first PV manufacturer to have its product included in the Electronic Product Environmental Assessment Tool (EPEAT) global registry for sustainable electronics.
First Solar is making a substantial investment of around $1.3 billion to enhance its manufacturing capabilities in the United States. Currently, the company has an annual nameplate capacity of over 6.5 gigawatts (GWDC), and it aims to increase this capacity to approximately 10.9 GWDC by 2026. To achieve this goal, First Solar plans to invest $1.1 billion in constructing a new facility with a capacity of 3.5 GWDC in Alabama. Additionally, the company is undertaking a $185 million expansion of its existing manufacturing operations in Ohio.
As the largest solar manufacturer in the Western Hemisphere, First Solar is committed to innovation and research. In line with this, the company has announced an investment of up to $370 million for the establishment of a dedicated research and development (R&D) innovation center in Perrysburg, Ohio. The center is expected to be completed in 2024 and will further strengthen First Solar’s position as a leader in the solar industry.