JP Energie Environnement Selects Lowest Carbon First Solar Modules for Labarde Project
September 23 2020 - 8:09AM
First Solar, Inc. (Nasdaq: FSLR) today announced that JP Energie
Environnement (JPee) is using its advanced Series 6 photovoltaic
(PV) solar modules to power the 59-megawatt (MW)DC Labarde solar
power plant.
The facility, believed to be the largest urban
solar PV power plant in Europe, is being built on the site of a
former open-air municipal landfill in Bordeaux in South West
France. The land was designated as a wasteland, unfit for
residential or commercial buildings, or agricultural use. JPee,
however, secured a 35-year lease for the 600,000-square meter site
and began developing the Labarde solar project, which was selected
under successive rounds of the PV tenders organized by France’s
Commission de Régulation De L’Énergie (CRE).
Based in Caen, France, JPee has over 15 years of
experience developing, financing, constructing, and operating
renewable energy assets. The company operates 263MWDC of wind and
solar projects, generating enough energy to power 230,000 average
homes, making it one of France’s leading independent renewable
energy producers.
“The Labarde project demonstrates the positive
role that solar can play within a community. Its role goes beyond
transforming sunlight into solar electricity and supporting
France’s decarbonization goals, as it helps heal a piece of land
that has no other practical use,” said Xavier Nass, Chairman, JPee.
“While solar is inherently sustainable, this project is powered by
the lowest carbon solar technology and sets new benchmarks for
sustainability. We thank First Solar for standing behind its
commitments and delivering on its promises to help ensure that this
important project can be delivered on schedule.”
Designed and developed at the Company’s research
and development (R&D) centers in the United States, First
Solar’s Series 6 PV module sets industry benchmarks for quality,
reliability, design, and environmental performance. With a carbon
footprint that is up to six times lower than crystalline silicon PV
panels manufactured using conventional, energy-intensive production
methods, Series 6 delivers a superior environmental profile and the
lowest carbon solar electricity available today.
“At First Solar, we put sustainability at the
heart of our business, and we’re thrilled that JPee is powering
this landmark facility with First Solar’s advanced solar module
technology,” said Pascal Tirtiaux, First Solar’s head of business
development for France. “Our transparency and commitments as a
module provider plays a vital role in ensuring that developers like
JPee can maintain their competitiveness and their project execution
timelines. We’re thankful for the trust that Xavier and his team
have placed in First Solar.”
With over 1,100MWs installed, First Solar’s
advanced module thin film technology forms the backbone of France’s
solar fleet. The Company’s modules have been deployed across over
400 projects in France ranging from large-scale ground-mounted
plants to commercial and industrial (C&I) projects.
About First Solar, Inc.First
Solar is a leading global provider of comprehensive photovoltaic
(PV) solar solutions, which use its advanced module and system
technology. The company’s integrated power plant solutions deliver
an economically attractive alternative to fossil-fuel electricity
generation today. From raw material sourcing through end-of-life
module recycling, First Solar’s renewable energy solutions protect
and enhance the environment. For more information about First
Solar, please visit www.firstsolar.com.
For First Solar InvestorsThis
release contains forward-looking statements which are made pursuant
to safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements include, but
are not limited to, statements concerning the order of Series 6
modules by JP Energie Environnement (JPEE) for its 59MWDC Labarde
solar project. These forward-looking statements are often
characterized by the use of words such as “estimate,” “expect,”
“anticipate,” “project,” “plan,” “intend,” “seek,” “believe,”
“forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,”
“might,” “will,” “could,” “predict,” “continue” and the negative or
plural of these words and other comparable terminology.
Forward-looking statements are only predictions based on our
current expectations and our projections about future events and
therefore speak only as of the date of this release. You should not
place undue reliance on these forward-looking statements. We
undertake no obligation to update any of these forward-looking
statements for any reason, whether as a result of new information,
future developments or otherwise. These forward-looking statements
involve known and unknown risks, uncertainties, and other factors
that may cause our actual results, levels of activity, performance,
or achievements to differ materially from those expressed or
implied by these statements. These factors include, but are not
limited to, the matters discussed under the captions “Risk Factors”
and “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” of our most recent Annual Report on Form
10-K and our subsequently filed Quarterly Reports on Form 10-Q, as
supplemented by our other filings with the Securities and Exchange
Commission.
MediaReuven ProençaFirst Solar
Mediareuven.proenca@firstsolar.com |
InvestorsMitchell EnnisFirst
Solar Investor Relationsmitchell.ennis@firstsolar.com |
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/03548f61-5af7-42a3-986d-e77ddea48ad5
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