Re: nincs cím

First Solar (FSLR -0.2%) is building two Australian solar plants providing a combined 155MW of capacity for local utility AGL Energy. The project has a total cost of $450M, and is receiving $231.6M in government funding.

Construction for both projects is expected to start in 2014, with commercial operation commencing in 2015.

Separately, First Solar is counting on the Australian government to provide funding for a GE/Verve Energy solar project for which it's supply modules. Government support would allow the project's size to grow as much as 4x to 40MW.

First Solar's Q2 results arrive on Aug. 6.