First Solar (FSLR) announced today that the company has begun construction on Phase I of the Barilla Solar Project in Pecos County, Texas, west of Fort Stockton. The 22 megawatt (MW)AC project is expected to begin commercial operation in mid-2014.
“The Barilla Solar Project demonstrates First Solar’s capability to rapidly develop, construct and commission a solar project offering clean, reliable energy at competitive rates to the market when and where it is required,” said Tim Rebhorn, Senior Vice President of Business Development for First Solar.
Can any other solar company build a solar power station and connecting to the grid in just around six months ?
this project and the 100 mw project in Japan point out a number of things going for Fslr:
1) flexibility in eliminating surplus of panels. Instead of letting them sit and collect dust in the warehouse, turn them in solar plants and sell electricity as a utility company or sell the projects to a utility company.
2) Building plants without a buyer at this stage also implies that they are just getting rid of old ones and making good use of them, while they are producing new batches with higher efficiency.
3) The world is always in need of energy; if they have it, someone will buy it!!! If they can mass produce it cheaper and cleaner than coal or gas, who would ever buy coal or gas producing electricity. Fslr is turning the corner in becoming a world leader in clean cheap energy utility company.
Actually the question should be;
"Can any other solar company build, place in operation and connect to the grid, maintain, sell power while maintaining, sell it as a turn-key power plant to a utility company, and finally, make a good profit after all said and done?"
Answer: No, not many, if any at all.