Capital Power Secures 1 GW Supply Of Responsibly Produced, Ultra-Low Carbon First Solar Modules
Portfolio Pulse from Happy Mohamed
Capital Power Corporation has secured its first order for approximately 1 gigawatt of ultra-low carbon thin film solar modules from First Solar, Inc. The modules will be delivered between 2026 and 2028, supporting Capital Power's growing development portfolio. First Solar's modules are known for their quality, durability, reliability, design, and environmental performance. Capital Power is committed to net zero by 2045 and is focusing on solar energy growth across North America. First Solar is investing approximately $1.3 billion in expanding its US manufacturing footprint.
July 05, 2023 | 12:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Capital Power's order from First Solar supports its commitment to net zero by 2045 and its focus on solar energy growth. The company's active US solar pipeline totals nearly 2.4 GWDC.
Capital Power's commitment to solar energy growth and its significant order from First Solar could boost investor confidence, potentially driving its stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
First Solar has secured a significant order from Capital Power, which will support its expansion plans. The company's investment in US manufacturing could boost its production capacity and market share.
The news of a significant order from Capital Power and the planned investment in US manufacturing expansion is likely to boost investor confidence in First Solar, potentially driving its stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100