Origis Energy acquires 200MWAC PV solarpower asset from First Solar

25 October 2018 (Last Updated October 25th, 2018 11:09)

US-based Origis Energy has acquired First Solar's 200MWAC photovoltaic (PV) asset, the GA Solar 4 Project.

Origis Energy acquires 200MWAC PV solarpower asset from First Solar
Origis Energy acquires GA Solar 4 Project from First Solar. Credit: Zbynek Burival on Unsplash.

US-based Origis Energy has acquired First Solar’s 200MWAC photovoltaic (PV) asset, the GA Solar 4 Project.

Financial details of the deal have not been revealed.

Located at a 2,000-acre site in Twiggs County, Georgia, the GA Solar 4 Project is expected to become the largest solarpower plant in the south-eastern US upon completion.

Origis Energy mergers and acquisitions managing director Dries Bruyland said: “A solar plant of this size can only be accomplished with an outstanding team.

“We thank First Solar for their close collaboration. Georgia Power, Southern Company and the authorities in Georgia have been crucial to this milestone clean energy project for the state. Together, we will bring this project to successful completion.”

“The project will feature more than 500,000 of First Solar’s thin-film solar modules on single axis tracker mounts.”

Works are due to begin next month and the project is expected to create up to 400 construction jobs and ongoing tax revenues during the construction phase.

The project will feature more than 500,000 of First Solar’s thin-film solar modules on single axis tracker mounts.

Origis further added that it will be selling all energy and renewable attributes of the project to Georgia Power through Georgia Power’s Renewable Energy Development Initiative (REDI) programme.

First Solar chief commercial officer Georges Antoun said: “We are excited to partner with Origis Energy on this project, and we look forward to its successful completion and commissioning.

“We are also grateful for Georgia Power’s vision and commitment to advancing solarpower in the south-east.”