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First Solar - Webinar takeaways

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Page 1: First Solar - Webinar takeaways

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Key Points for Solar PV procurement by Data Center Owners/Operators

There are 3 main reasons the corporate buyers chose to procure solar PV electricity:

Green image provides brand enhancement and helps with corporate responsibility – lowers corporate carbon footprint

Provides an excellent hedge against volatile energy prices

Can save OPEX on retail energy rates

Solar is cost competitive with conventional energy NOW!

The Investment Tax Credit (ITC) for solar will step-down in 2019 – the best cost benefits will be achieved by contracting before the ITC sunset

Solar projects construction takes 9-18 months -corporates buyers need to plan in advance if they want to be online by the end of 2019