- Industry-leading AC Power Block™,
Series 4™ module, Module Plus System and O&M services to be
showcased
- skytron energy to make WFES debut with
PVGuard® SCADA Platform
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 Solar
Series 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
Dhabi National 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.
MediaReuven ProençaFirst Solar EMEA
Communications+971 (0)4 4559 410reuven.proenca@firstsolar.comorLena
Arkawi/Viviana VillasmilWeber Shandwick+971 (0)4 445
4245dubwswfirstsolar@corp.ipgnetwork.comorInvestorsDavid
Brady+1 602 414-9315dbrady@firstsolar.comorStephen Haymore,+1
602-414-9315stephen.haymore@firstsolar.com
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