Moser Baer Clean Energy Limited, the Solar subsidiary of Moser Baer Projects Private Limited (MBPPL), and First Solar Inc.(Nasdaq: FSLR) announced that MBCEL will procure 25 megawatts (MW) DC of First Solar's advanced thin-film modules for its solar power generation projects. Delivery is expected to take place by June 30, 2011.
Mr. Lalit Jain, Chief Operating Officer, International Operations, MBCEL Ltd. said, "We are very happy to have selected First Solar for meeting part of the requirement for our projects. MBCEL is developing over 300 MWp of solar power projects in Germany, Italy, US, Australia and India and this marks the beginning of a mutually beneficial relationship in the long run."
"We are pleased to collaborate with a leader like MBCEL to contribute to India's development of clean, affordable, sustainable solar electricity, providing our advanced thin film technology and expertise in large-scale solar PV systems," said TK Kallenbach, First Solar Executive Vice President of Marketing & Product Management. "India's rich solar resource, unique energy needs and commitment to solar energy represent a tremendous opportunity for First Solar as we expand our global reach into emerging solar markets."