First Solar to Supply Modules for Masdar City Solar Power Project

Tempe, USA - First Solar, Inc. (Nasdaq: FSLR) today announced the Company has been selected by Masdar Abu Dhabi Future Energy Company to supply 5 MW of its thin film solar modules to be part of the largest grid-connected photovoltaic (PV) system in the Middle East.

This system will supply power to Masdar City, the world's most ambitious sustainable development to date, with plans to be the world's first carbon-neutral, zero waste, car-free city powered entirely by renewable energy sources. The PV plant is being designed and constructed by Abu Dhabi based solar power system integrator Enviromena Power Systems. Construction has begun, and the system is expected to be commissioned and producing power by the end of the second quarter of 2009.

"We are pleased that Masdar selected First Solar's modules to supply power to the world's first carbon-neutral city and are pleased to be part of Masdar City's efforts to develop a blueprint for cities of the future," said John Carrington, First Solar's executive vice president of marketing and business development. "We are happy to work with Enviromena Power Systems' experienced team on this landmark project."

"Enviromena is very excited to be working with world-class suppliers such as First Solar on this groundbreaking project in Abu Dhabi. We look forward to working with First Solar on future projects in the region," said Sami Khoreibi, president and CEO of Enviromena Power Systems.

Source: IWR Online, 16 Jan 2009