$857M of Section 45X AMPCs from 2024 US solar module production (Ohio + Alabama factories)
First Solar's 2024 credit sale — $857M from production at three Ohio factories plus new Alabama facility. Pricing at $0.955/$1.00 — improved from $0.96 on 2023 credits. Cumulative 45X transfers now exceed $2B. Demonstrates market maturation and pricing tightening.
$857M
Deal Value
Other
Technology
AL, OH
Location
Deal Details
- Deal Type
- Tax Equity & Tax Credits
- Seller / Sponsor
- First Solar
- Buyer / Financier
- Undisclosed
- Deal Value
- $857M (at $0.955 per $1.00)
- Stage
- Operating
- ISO/RTO
- PJM, SERC
- Source
- PV Tech
Finance Counterparties
Lenders & Capital Providers
- Tax Credit Buyer
- Undisclosed
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