Case Study: First Solar achieves bankable solar resource assessment and reduced project risk with Solargis

Solargis assessment supports optimized asset value for First Solar

First Solar, a leading global provider of photovoltaic solar solutions, needed highly accurate solar irradiation data for bankability assessments of its projects in Japan. Publicly available datasets were insufficient due to their lack of recent data and inability to reflect Japan's variable topography, creating uncertainty for long-term project financing. To address this challenge, they engaged Solargis for its bankable solar resource assessment study service.

Solargis provided site-validated resource data for a portfolio of ten projects. The data closely matched on-site measurements at every location, giving First Solar and its financial stakeholders full confidence in its accuracy. This solution reduced resource risk and enhanced the value of the overall project portfolio, enabling First Solar to bid with greater confidence in Japan's post-Feed-in-Tariff market and ultimately supporting the country's rollout of clean energy.

First Solar

Fadi Ferzli

Senior Manager, Technical Sales and Engineering