First Solar is set to install around 1.1 gw of solar installations this year. The company has approximately doubled its annual installed capacity figures for 2013, from 516 mw in 2012 and continuing to expand its project pipeline in the US and beyond, First Solar in a statement released on August 12 said.
First Solar’s successful strategy of acquiring, installing and divesting projects will keep the company among the world’s leading solar system integrators over the next years, the company said IHS Solar, a research company.
IHS Solar said that First Solar has also been moving into emerging solar markets with its acquisition of Solar Chile, which delivered it a 1.5 gw pipeline in the South American country in January.