First Solar acquires Maryland solar project

First Solar, Inc. (NASDAQ: FSLR) has announced a 100 percent stake in Maryland Solar, a 20 MW alternating current (AC) photovoltaic (PV) solar project in Hagerstown, Md.

The project, which includes a contract to sell electricity and renewable energy credits to FirstEnergy Solutions, is expected to start construction in the second quarter of 2012 and be completed in the fourth quarter of 2012. It will integrate First Solar’s advanced thin-film PV modules. The project is expected to provide 125 construction jobs.

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