First Solar acquires 1.5 GW solar PV portfolio

First Solar acquires solar photovoltaic portfolio PV US Mexico

First Solar (Nasdaq: FSLR) acquired a 1.5 GW pipeline of solar photovoltaic (PV) projects in the U.S. and Mexico from Element Power. Terms of the deal were not disclosed.

Included in the pipeline are projects in California, Arizona, Texas, Georgia, North Carolina, Colorado, Louisiana and Illinois that are in various stages of screening and permitting. The portfolio also includes projects located in the state of Sonora in Mexico.

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