The agreement follows through on First Solar announcement in 2013 to invest $100M in development of mega solar power projects in Japan. This deal targets installation of 100 MW DC
per year and enables First Solar's advanced technology
to be supplied to smaller scale projects.
"First Solar is investing in Japan's energy future," said Karl Brutsaert, head of business development for First Solar, Japan. "This agreement with XSOL enables us to deliver safe and clean solar electricity on an even broader basis."
Akira Waki, director for XSOL, agreed, citing the fact that First Solar modules are recognized by third-party scientists as leading in ecological efficiency. "First Solar already has in place a globally proven module recycling program, enabling us to meet our commitments to save the global environment and broaden solar power accessibility."