First Solar Drops Plan for 2GW Solar Plant in China

Published on 15 Jul 2014
First Solar 
July 12, 2014 - First Solar Inc. won't be building the world's largest solar plant in China after more than four years of negotiations on pricing failed to produce an agreement.

First Solar had planned to build the 2,000MW Ordos project in Inner Mongolia and sell the output to China's power grid. Terms for selling the power were never agreed to, said Steve Krum, a spokesman for Tempe, Arizona-based First Solar.

"Due to the market environment, we aren't going to pursue the Ordos project further," Krum said today in an interview. "The plant was never included in the company's pipeline of contracted projects", he said.


Source: Bloomberg
ENF Profiles For Companies Mentioned in This Article

First Solar (Solar Panels): http://www.enfsolar.com/directory/panel/2567
First Solar (Solar System Installers): http://www.enfsolar.com/directory/installer/2567
First Solar (Recycling): http://www.enfsolar.com/service/2567
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