MN8 Energy orders solar modules from First Solar

First Solar, Inc. has announced an order from MN8 Energy LLC for 457 MW of advanced thin film solar modules. The deal includes 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules, intended for projects across the northeastern and southern United States. With a 6 GW annual US nameplate capacity as of 2023, First Solar plans to expand its Ohio footprint to over 7 GW this year. The company will invest over $2 billion in new manufacturing facilities in Alabama and Louisiana, set to come online in 2024 and 2025, respectively. Additionally, around $450 million will be commissioned in R&D infrastructure in Perrysburg, Ohio, in the latter half of this year. MN8, formerly known as Goldman Sachs Renewable Power, operates a 3.2 GW portfolio, catering to corporates, government entities, and utilities. MN8 has previously collaborated with First Solar on the American Kings Solar project acquisition in California.