First Power and Light increases wholesale solar panel business

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FPL ships over $700,000 in wholesale panels per month during the last quarter. FPL’s management expects shipping approximately 5MW this month with a market value exceeding $2M.

 First Power and Light, Inc. (VOLT) announced that First Power and Light, LLC (FPL) has experienced a significant increase in its revenue from its solar panel wholesale distribution and liquidation business. 

The firm has shipped $700,000 in wholesale panels per month during the last quarter and almost $1M in this past month – equating to approximately 4MW this past quarter. Based on this, management expects shipping approximately 5MW this month with a market value of over $2M.

FPL is in the wholesale, liquidation, and solar panel procurement business. Last week First Power and Light started shipping solar panels to a 1MW project on the campus of West Hills Community College in Coalinga, CA.