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BUSINESS WIRE

TEMPE, Ariz., & NASHVILLE, Tenn.

First Solar, Inc. (Nasdaq: FSLR) and a subsidiary of Silicon Ranch Corporation have entered into a framework agreement for 231.6 Megawatts (MW) DC of First Solar’s advanced technology thin film modules for use in Silicon Ranch projects to be constructed in 2017 and early 2018.

This agreement builds on previous agreements for more than 180MW DC of modules used in Silicon Ranch projects entering commercial operations in 2015 and 2016, located in Colorado, Georgia, Mississippi, Arkansas and Tennessee. The southeastern U.S. region is rapidly emerging as a growing market for photovoltaic (PV) solar development, where Silicon Ranch has played a leading role as a developer, owner and operator.

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