How much have you done since then? And how much of that is ultimately factored into guidance? And then finally, for a housekeeping question here. I think you shipped 2.4 gigawatts in Q4, but how many megawatts were recognized in revenue versus the $846 million of module revenue in Q4? Thanks very much.
Mark Widmar: All right. On the bookings side, so we — since our last earnings call, we booked 12 gigawatts, okay? Since year-end, we booked 7.3 gigawatts. If you look at our disclosure that’s in the K, I think Alex referenced it as well, our contracted backlog revenue is a little less than $18 billion as of the end of the year, it’s like $17.7 billion. The implied ASP on that is like $0.288. And if you do the math, the walk from the prior quarter, I mean, you’ll get something around $0.31, I believe. If you’d look, there’s a lot of rounding and stuff that’s going on in there. What we did say is that on the 12 gigawatts that we booked since the last earnings call, the ASP on that was $0.308. If I look at the ASP for what we booked in the first quarter this year so far, right, through the earnings call here today, that ASP is higher than that $0.308.
So the average ASP that we booked for the $0.073 is higher than the five that we booked since the other portion of the total booking since the last earnings call. So ASPs are pretty €“ in a pretty solid position. I guess the other way I look at it is just from the Q3, 10Q to the 10K at the year end. I think we added about eight tenths of a cent or something to the average ASP. So you saw it, I think it was like $0.28 or something like that the prior quarter. Now it’s like $0.288. And we’re seeing a lot more bookings now, obviously higher than that. And if you were to include the bookings that we have for January and February, I think the €“ you add about $2.3 billion of revenue or something like that in the average ASP on that contracted backlog, I think goes to be slightly above $0.29.
So we’re very happy with what we’re seeing from an ASP standpoint and obviously the trajectory. And remember, we’re booking a lot more volume than is not just in 2026, which is what we said we were targeting from the last earnings call we were going to be booking into 2027 and 2028. We now have 47 gigawatts or so of 27 €“ 24 gigawatts I think or so of volumes that go out into 2026, 2027 and 2028. It’s about 45% of our capacity excluding India. So we’re booking relatively far out all the way up through 2029, and we’re getting, good ASPs with which, so we’re pretty pleased with that. Momentum wise, Phil, I guess the challenges continue to be is finding customers that want to contract that far out in the horizon. And one of the things that we’re trying to do instead of just sell each discrete year out, we’re trying to sell out multiple years, right?
So we’re not just selling 2026, we’re trying to bring in 2026, but bring in your 2027, 2028 or even 2029 volume into the discussions with the customer. So, we will see how that goes. I mean, the pipeline clearly says the momentum’s there and there’s opportunities we’ve got more than enough pipeline of opportunities that we could close on. So we’re happy with that momentum. But again, it’s changing kind of the normal cadence and the dynamics of bookings and in particularly in the U.S. most people wouldn’t go out multiple years. But we are seeing a lot of customers that are willing to do that. And not only just out three or four years, but in some cases out five or six years. Domestic content, Alex may have a more precise number than I do. I know, we ended up booking a little bit of incremental volume from the last earnings call.
