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Industry-leading AC Power Block™, Series 4™ module, Module Plus
System and O&M services to be showcased
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skytron energy to make WFES debut with PVGuard® SCADA Platform
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--
First Solar, Inc. (Nasdaq: FSLR) today announced the launch of its Energy
Capacity Assessment Tool, a first for the solar energy
industry, at the 2015 World
Future Energy Summit (WFES). The company will showcase the
application and its comprehensive range of solar energy solutions at the
Summit in Abu Dhabi, from January 19 to 22, 2015.
The interactive Assessment Tool allows developers and investors to
evaluate the feasibility and energy output of ground-mounted
utility-scale projects, using First Solar's advanced thin film
technology, anywhere in the world. Users will be able to plot potential
sites on a mapping interface; design a plant, while adjusting
configurations to maximize energy output; and generate a report that
includes site-specific estimated capacity and energy yield, while
factoring in irradiation levels, average temperatures, project
construction timing and more. The application can be accessed online on www.firstsolar.com/energycapacity.
First Solar will also showcase its next generation First SolarSeries
4™ thin film photovoltaic (PV) module and AC
Power Block™ solar power plant solution at WFES. First Solar's new
Series 4 PV module offers up to eight percent more energy than
conventional crystalline silicon modules with the same power rating, and
is compatible with advanced 1500-volt plant architectures. The AC Power
Block is a configurable, pre-engineered system that is based on First
Solar's proven PV plant design and energy prediction model, and is
available in modular units ranging from 800 kilowatts (kW) to 3.8
megawatts (MW).
Additionally, First Solar will spotlight its Module
Plus System, featuring optimized fixed-tilt and single-axis tracker
designs, and its comprehensive range of Operations
and Maintenance (O&M) services. skytron®
energy, a global leader in integrated monitoring, control and
supervision systems, which was acquired by First Solar in 2014, will
also make its WFES debut with its PVGuard® SCADA Platform.
"As the energy transition ratifies solar power's role in the global
generation portfolio, there has never been a greater emphasis on
maximizing energy yield in real-world conditions. Our mission, reflected
in the range of solutions on show at the World Future Energy Summit, is
to respond to our customers' energy yield priorities with singular
solutions designed to address specific challenges," said Joseph
Kishkill, Chief Commercial Officer, First Solar, Inc.
"The Middle East is fast evolving into a sophisticated market for solar
energy, driven by long term diversification and energy security
strategies. It is in this context that we've focused our efforts on
building on our track record and optimizing energy output for the
region's unique environmental conditions," said Ahmed S. Nada, Vice
President for the Middle East at First Solar. "Showcasing our
industry-leading range of solutions at the region's premier sustainable
energy exhibition underscores the market's importance to our growth
strategy."
A fully vertically integrated solar energy company, First Solar's
capabilities span the entire solar value chain. The company has over
9,000MW of installed capacity around the world and a contracted pipeline
of projects that exceeds 2,600MW. Significantly, it has been selected as
a finalist in the 2015 edition of the prestigious Zayed Future Energy
Prize. In the Middle East, the company has built the 13MW first phase of
the Mohammed bin Rashid Al Maktoum Solar Park in Dubai, currently the
Middle East and North Africa region's largest facility, and will be
constructing the 52.5MW Shams Ma'an solar plant in Jordan.
First Solar will be located in hall 07, booth number 7420, at the
World Future Energy Summit. The Summit takes place at the Abu DhabiNational Exhibition Centre, Abu Dhabi, UAE, as part of the Abu Dhabi
Sustainability Week 2015.
About First Solar, Inc.
First Solar is a leading global provider of comprehensive photovoltaic
(PV) solar systems which use its advanced thin-film modules. 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 systems protect and enhance the environment.
For more information about First Solar, please visit www.firstsolar.com.
About skytron energy
skytron energy has been developing integrated monitoring, control and
supervision systems since 1977. Now one of the leading suppliers in the
industry, specializing in utility-scale and commercial power plants, it
has installed monitoring and control systems in more than 600 plants
with a total capacity of 5 GWp. The company's core competencies are
plant condition monitoring, power plant control, remote plant
supervision, system migration of existing power plants, operation &
maintenance, and PV asset management. skytron energy is headquartered in
Berlin, Germany. As a technology leader, skytron energy has received a
number of prestigious awards, such as the highly coveted Solar Industry
Award for the "skylog" Data Logger System or the InterSolar Award for
the "PVGuard" Supervision Platform, and for the "StringGuard" string
current measurement system.
For First Solar Investors
This 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 statements, among
other things, concerning: our business strategy, including anticipated
trends and developments in and management plans for our business and the
markets in which we operate; future financial results, operating
results, revenues, gross margin, operating expenses, products, projected
costs, warranties, solar module efficiency and balance of systems
("BoS") cost reduction roadmaps, restructuring, product reliability and
capital expenditures; our ability to continue to reduce the cost per
watt of our solar modules; our ability to reduce the costs to construct
photovoltaic ("PV") solar power systems; research and development
programs and our ability to improve the conversion efficiency of our
solar modules; sales and marketing initiatives; and competition. These
forward-looking statements are often characterized by the use of words
such as "estimate," "expect," "anticipate," "project," "plan," "intend,"
"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. 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. 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 in Item
1A: "Risk Factors," of our Annual Report on Form 10-K for the year ended
December 31, 2013, Quarterly Reports on Form 10-Q, Current Reports on
Form 8-K and other reports filed with the SEC.
Media
Reuven Proença
First Solar EMEA
Communications
+971 (0)4 4559 410
reuven.proenca@firstsolar.com
or
Lena
Arkawi/Viviana Villasmil
Weber Shandwick
+971 (0)4 445 4245
dubwswfirstsolar@corp.ipgnetwork.com
or
Investors
David
Brady
+1 602 414-9315
dbrady@firstsolar.com
or
Stephen
Haymore,
+1 602-414-9315
stephen.haymore@firstsolar.com
Source: First Solar, Inc.
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