What Apple's PPA With First Solar Could Mean For The Utility-Scale Solar Industry

The plant is expected to come online by the end of 2016. To be sure, the contract is not particularly large for First Solar, given that it has signed PPAs of over twice that size with utility companies in the past. However, we believe that the deal could signal that large commercial customers will play an increasing role in the wholesale renewable energy and utility-scale solar markets in the United States, as utility companies have been slowly meeting their mandated renewable power requirements...