Welcome to our dedicated page for First Solar news (Ticker: FSLR), a resource for investors and traders seeking the latest updates and insights on First Solar stock.
First Solar, Inc. (NASDAQ: FSLR) is a leading global provider of comprehensive photovoltaic (PV) solar systems, known for its innovative and advanced thin-film modules. The company's integrated power plant solutions offer an economically viable alternative to traditional fossil-fuel electricity generation. First Solar's renewable energy systems emphasize environmental protection and enhancement through their entire lifecycle, from raw material sourcing to end-of-life module collection and recycling.
Headquartered in Tempe, Arizona, First Solar designs and manufactures solar photovoltaic panels, modules, and systems targeted primarily at utility-scale development projects. The company's solar modules employ cadmium telluride, a thin-film technology, to efficiently convert sunlight into electricity. This technology sets First Solar apart as the world's largest thin-film solar module manufacturer.
First Solar operates production facilities in multiple locations, including Vietnam, Malaysia, the United States, and India. The company continually strives to improve its technology and production capabilities to meet the growing global demand for renewable energy.
In recent years, First Solar has achieved significant milestones, including the expansion of its manufacturing capabilities and the establishment of strategic partnerships. Notable projects include development of large scale solar power plants in collaboration with leading energy companies. First Solar remains committed to delivering high-quality, reliable, and cost-effective solar energy solutions to its clients worldwide.
For more information about First Solar, visit their official website at First Solar. You can also follow their updates on Twitter at @firstsolar, subscribe to their blog at First Solar Blog, and check out their YouTube channel at First Solar YouTube.
First Solar (NASDAQ: FSLR) has announced that its Series 6 Plus and Series 7 TR1 photovoltaic (PV) solar modules are the first to achieve the EPEAT Climate+ designation. This designation sets a new global standard for ultra-low carbon solar, establishing benchmarks for quality, durability, and environmental performance with an ultra-low carbon threshold of ≤400 kg CO2e/kWp.
EPEAT, a globally recognized ecolabel, evaluates the entire lifecycle of solar modules, including manufacturing energy use, product packaging, and end-of-life recycling. First Solar's Series 7 modules currently have the lowest carbon and water footprint of any commercially available PV module, positioning the company as a leader in sustainable solar technology. The company plans to validate its Series 7 FT1 module, manufactured in India, for future EPEAT Climate+ designation.
First Solar, Inc. announced their first-quarter 2024 financial results, reporting net sales of $794 million, net income per diluted share of $2.20, and a net cash balance of $1.4 billion. They maintained their full-year 2024 P&L guidance, with YTD net bookings of 2.7 GW and an expected sales backlog of 78.3 GW. The company showcased good operating performance, selective bookings, and solid financial results, driven by their differentiated technology and balanced business model.
First Solar, Inc. announced that MN8 Energy has ordered 457 MW of advanced thin film solar modules for projects in the US. MN8 aims to strengthen the domestic supply chain and promote responsible solar practices. First Solar is a major player in US solar manufacturing, supporting thousands of jobs and investing in new facilities for future growth. The company continues to expand and innovate in the renewable energy sector.
First Solar, Inc. (NASDAQ: FSLR) has entered an agreement to provide Birch Creek Energy with 547 MW of advanced Series 6 Plus Bifacial thin film photovoltaics modules. Birch Creek plans to deploy these modules in projects across its development pipeline in the United States. The collaboration aims to strengthen domestic content strategy and ensure supply certainty for Birch Creek. First Solar, the largest solar manufacturer in the Western Hemisphere, is expected to create significant job opportunities and invest in new manufacturing facilities in the US.
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