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New skinny movie photo voltaic know-how has been a very long time breaking into widespread use in comparison with conventional silicon photo voltaic modules, however the day is lastly coming, together with the promise of decrease prices and a smaller environmental footprint. Coincidentally or not, the Inflation Reduction Act of 2022 is right here to assist. The newest instance is the big 800-megawatt Double Black Diamond photo voltaic farm in Illinois, sporting skinny movie photo voltaic modules from the US agency First Photo voltaic and a monetary help from the IRA.
Skinny Movie Photo voltaic Meets The Inflation Discount Act
With the skinny movie photo voltaic modules in hand, the Double Black Diamond olar undertaking (800 MWdc/593 MWac) will rank as the largest photo voltaic farm east of the Mississippi River. Developer Swift Current Energy is just not shy about crediting the IRA with enabling the undertaking to progress easily in direction of completion early subsequent 12 months. This morning the agency introduced that it closed on a key tax fairness funding from Google made potential by provisions within the IRA.
“The tax equity financing utilizes Energy Communities and domestic content adders, provided in the Inflation Reduction Act,” Swift Present defined. The agency beforehand introduced building financing for the undertaking, supplied by Mitsubishi UFJ Monetary Group, Societe Generale, Truist, and ING.
In a press assertion, Swift Present CEO and co-founder Eric Lammers despatched up a mild however agency warning sign to fossil power stakeholders which can be decided to hinder renewable power investing. “We are delighted to join forces with Google on a ground-breaking structure that will support Double Black Diamond Solar and serve as a guide for other major projects to come,” he stated, anticipating that his firm and different photo voltaic builders will have the ability to replicate the Google association elsewhere for fast scale-up.
Swift Present Banks On Skinny Movie Photo voltaic For Most Affect
Within the early 2000s, the comparatively low solar conversion efficiency of skinny movie photo voltaic know-how was an impediment to widespread adoption. As soon as conversion effectivity started to enhance, photo voltaic builders started to deal with the benefits of thin, lightweight, flexible films over inflexible, heavy silicon know-how (see extra thin film background here).
Swift Present is a living proof. Again in January of 2022, the corporate positioned a 1.2 gigawatt order for First Photo voltaic’s skinny movie photo voltaic modules, with supply to begin in 2023 and increasing into this 12 months.
“We pride ourselves on responsibly developing high impact projects for our host communities and constructing projects safely, taking a considerate approach every step of the way,” defined Swift Present president Matt Birchby, including that “it’s essential for Swift Current to have the highest-performing, safest and most cost-effective products.”
There may very well be a lot extra the place that got here from. By 2022 Swift Present already had about 1.1 gigawatts’ price of photo voltaic initiatives below its belt, with plans within the works for a undertaking pipeline totaling six gigawatts. In the meantime, as of 2022, First Photo voltaic anticipated racking up a complete capability of 16 gigawatts amongst its services worldwide over the next two years.
Skinny Movie Photo voltaic & A Extra Sustainable Photo voltaic Business
When you caught that factor about responsibly creating, that covers a whole lot of floor. Other than the direct impacts of the development undertaking itself, there are additionally carbon emissions and different environmental impacts associated to the photo voltaic module manufacturing and provide chain.
Now that the photo voltaic market is maturing, company power patrons and different stakeholders are paying extra consideration to the soup-to-nuts environmental footprint of photo voltaic initiatives. That’s the place skinny movie photo voltaic can out-perform typical silicon know-how. “Due to our resource-efficient manufacturing process, First Solar modules have a carbon footprint that is up to 2.5 times lower, a water footprint that is up to three times lower and an energy payback time that is up to two times faster than conventional crystalline silicon solar panels manufactured in locations with carbon intensive grids,” First Photo voltaic asserts.
Don’t simply take their phrase for it. The corporate additionally cites an EU evaluation concluding that CdTe know-how is preferable for industrial and utility-scale improvement when it comes to lifecycle costs and impacts.
Massive-scale power patrons are additionally in search of builders which can be engaged in collaborative decarbonization efforts. As a member of the worldwide RE100 initiative, for instance, First Photo voltaic has set a aim of 100% zero-carbon electrical energy within the US for its skinny movie photo voltaic manufacturing services by 2026, in direction of a world renewable power aim for electrical energy by 2028.
The affect of the RE100 community on photo voltaic improvement was on show earlier this month when a fellow RE100 member, Basic Motors, introduced an influence buy settlement for a photo voltaic undertaking in Arkansas that’s deploying First Solar’s thin film technology.
First Photo voltaic can be registered with the worldwide electronics eco-label and disclosure group EPEAT. Specifically, the corporate attracts consideration to its multi-national community of scalable skinny movie photo voltaic recycling services, able to recovering 90% of the semiconductor materials to be used in new photo voltaic modules. The corporate additionally claims a 90% restoration price for glass from the modules.
From Coalfields To Photo voltaic Energy
Swift Present is new to the CleanTechnica radar, however you’ll most likely be listening to about it frequently transferring ahead. The corporate launched in 2016 and is majority-owned by the IFM Global Infrastructure Fund portfolio firm Buckeye Power Holdings. Different homeowners embody the IFM Internet Zero Infrastructure Fund and Lookout Ridge Power Companions.
Amongst different latest developments, earlier this 12 months Swift Present’s Mineral Basin Photo voltaic undertaking in Pennsylvania was tapped for an award of as much as $90 million from the US Division of Power. The undertaking goals to transform a former coal mine into a solar farm. The funds had been allotted by means of the 2021 Bipartisan Infrastructure Legislation and particulars are nonetheless below negotiation.
If all goes in response to plan, the 402-megawatt undertaking will reclaim about 2,700 acres of coal mining lands Pennsylvania’s Clearfield County for photo voltaic improvement, whereas additionally establishing a mannequin for related coal-to-solar initiatives across the nation.
No phrase but if skinny movie photo voltaic is a part of the Mineral Basin plan, however that’s only for starters so far as Swift Present’s exercise in Pennsylvania goes. “Swift Current is developing an additional portfolio of more than 2,000 MW of coal-to-solar, wind energy and battery storage projects in Pennsylvania,” the corporate remarked in a press launch dated March 25, 2024.
If that sounds fairly bold, it’s. The American Clear Energy Affiliation totaled up 2,369 megawatts’ price of put in solar, wind, and storage projects in Pennsylvania, and Swift Present’s pipline would add one other 2,000 megawatts on high.
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Picture (screenshot): The biggest solar power plant east of the Mississippi River weighs in at an enormous 800 megawatts and deploys new skinny movie photo voltaic know-how from the US agency First Photo voltaic (courtesy of Swift Present Power).
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