First Solar to Engender Utility System Business

First Solar, Inc., a company that produces solar modules with sophisticated semiconductors proposing an array of PV system solutions, has declared the configuration of a utility systems business group to deal with the extensive photovoltaic system solutions segment with 45 year old Jens Meyerhoff at the helm.

Gillette, CEO of First Solar, gave a meticulous account of Mr. Jens’s expertise in tendering PV solutions in totality to the clients, and further elucidated about the fragmented possession of NextLight and the impending growth strategy of the company.

First Solar, Inc is likely to close its NextLight acquisition deal in the current quarter and expected to have power buy accords for 2.2 GW public utility solar projects in North America. Till date the company has completed or in the process completing 189 MW public utility projects in North America. This latest enterprise is projected to render the renewable power generation inexpensive with transient lead time akin to fossil fuel production, thus permitting improved usage of solar PV technology. The company intends to persist with its current PV module contributions and turnkey solar projects in addition to its diverse EPC services and processes in solar segment.

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