Renewable Properties is a developer and investor in small utility, community solar, energy storage, and electric vehicle infrastructure projects, and has acquired 118 MW 7-series thin-film modules from First Solar's US manufacturing plant.

The American components will be used for solar projects being developed and constructed by Renewable Properties in 17 states. In California, 51 MW components will be used for 9 projects. In addition, 20 megawatts of components will be allocated to four projects in New York, and 8 megawatts of components will be allocated to three projects in Illinois. In addition, 2 megawatts of solar panels will be used for two projects in Minnesota. The remaining 37 MW components have been allocated to other projects in the renewable energy pipeline.

Aaron Halimi, Founder and CEO of Renewable Properties, stated that the acquisition by First Solar will support Renewable Properties in continuing to drive the development of solar energy in the United States. ”With domestically manufactured equipment capable of executing these projects in multiple states, we are expected to expand solar deployment at a time when electricity demand is rapidly growing and the solar industry is facing new challenges. American made solar panels are crucial to America's energy dominance, and domestic procurement demonstrates people's confidence in American manufacturing and the employment opportunities it supports.

First Solar operates solar panel manufacturing plants in Alabama, Louisiana, and Ohio. The sixth factory is under construction in South Carolina and is expected to begin operations in the second half of 2026. It is expected to increase First Solar's nameplate module production capacity in the United States to approximately 17 gigawatts by 2027.

True American solar manufacturing directly enables the United States to dominate the energy sector, "said Dr. Mounir El Asmar, Strategic Customer Manager at First Solar. By investing in domestically produced modules, renewable energy is putting this principle into practice, providing affordable energy to communities across the country while supporting manufacturing, supply chains, and employment in the United States.