First Solar (FSLR) Signs MOU Agreement For Ordos Solar Project In China

The big 2GW Ordos solar project in China is finally making some progress after quite a few delays.  This morning First Solar (FSLR) and China Guangdong Nuclear Solar Energy Development signed a memorandum of understanding (MOU) to collaborate on the development of Phase 1 of the project.  Under the agreement, the two companies will work together to develop the initial 30MW demonstration projects, but CGN will be the primary EPC provider while FSLR will provide the thin film solar panels.  This project represents the first large scale solar collaboration between the US and China.

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“First Solar is honored to be working on the Ordos project with CGN SEDC, a company with demonstrated leadership, expertise and experience. We look forward to working together to make the Ordos project a reality and to contributing to China’s renewable energy goals and market development,” said Sohn.

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