First Solar Sells Two Projects With U.S. Guarantees

First Solar Inc., the world’s largest maker of thin-film solar panels, sold two power projects in California that received U.S. Energy Department loan guarantees.

Exelon Corp. bought the company’s 230-megawatt Antelope Valley Solar Ranch 1 project in Los Angeles County, and NextEra Inc. and General Electric Co. bought its 550-megawatt Desert Sunlight project in Riverside County, First Solar said today in separate statements.