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First Solar, Inc. - FSLR STOCK NEWS

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.

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UbiQD and First Solar have entered into a joint development agreement to explore the use of quantum dot technology in advanced solar modules. Quantum dots have the potential to optimize the absorption of light and significantly increase the efficiency of current PV technologies. This collaboration could lead to enhanced panel efficiency and contribute to sustainable economic development.
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First Solar, Inc. has released its 2023 Sustainability Report, setting a new industry benchmark for transparency by sharing details of onsite third-party social audits conducted across its global manufacturing footprint. The report reveals that the company's new factory in Tamil Nadu, India is expected to be the world's first net-zero water withdrawal solar manufacturing facility. First Solar has also achieved reductions in emissions, energy, water, and waste intensity per watt compared to the previous year.
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First Solar (Nasdaq: FSLR) will invest up to $1.1 billion in a 3.5 GW fully vertically integrated solar manufacturing facility in Louisiana, creating over 700 new direct manufacturing jobs in the state. The facility is expected to expand the company's nameplate manufacturing capacity to approximately 14 GW in the US by 2026.
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First Solar, Inc. (Nasdaq: FSLR) reported net sales of $811 million in the second quarter, an increase of $262 million from the previous quarter. The company's net income per diluted share was $1.59, compared to $0.40 in the first quarter. The net cash balance decreased to $1.5 billion from $2.0 billion, primarily due to capital expenditures and the acquisition of Evolar. First Solar plans to invest up to $1.1 billion in a new manufacturing facility in the United States.
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First Solar, Inc. (NASDAQ: FSLR) and Matrix Renewables have entered a framework agreement for 2.1 gigawatts of advanced thin film modules to power Matrix projects in the US and Spain. This marks Matrix's first order for First Solar's responsibly produced ultra-low carbon photovoltaic technology, setting high environmental standards for solar manufacturing and sourcing.
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The Tennessee Valley Authority (TVA) has secured 279 MWDC of advanced thin film solar panels from First Solar for its Lawrence County Solar Project in Alabama. The project is expected to commence commercial operation in 2027. First Solar is investing $1.3 billion in expanding its US manufacturing capacity, including a new facility in Lawrence County. The company is also investing in an R&D innovation center in Ohio. First Solar's technology is known for its quality, durability, and environmental performance.
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First Solar, Inc. (FSLR) to host Analyst Day on September 7, 2023, providing insights into long-term business strategy, technology, and financial outlook. Virtual attendance option available. Live webcast accessible via First Solar Investor Relations website.
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First Solar, Inc. (NASDAQ: FSLR) has announced a significant deal with Energix Renewables to deliver 51 gigawatts (GWDC) of thin film solar modules for projects in Israel, Poland, and the US between 2026 and 2030. This deal reflects a long-term strategic partnership and a significant milestone for Energix's global pipeline, emphasizing the company's commitment to a sustainable energy future.
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First Solar, Inc. (NASDAQ: FSLR) will report Q2 2023 financial results on July 27, 2023, with an earnings call at 4:30 PM ET. Investors can access live webcasts and audio replays on investor.firstsolar.com. Conference call details and replay information provided.
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FAQ

What is the current stock price of First Solar (FSLR)?

The current stock price of First Solar (FSLR) is $186.05 as of November 22, 2024.

What is the market cap of First Solar (FSLR)?

The market cap of First Solar (FSLR) is approximately 20.1B.

What does First Solar, Inc. specialize in?

First Solar, Inc. specializes in the design and manufacture of photovoltaic (PV) solar panels, modules, and systems using advanced thin-film technology.

What is thin-film technology?

Thin-film technology used by First Solar employs cadmium telluride to convert sunlight into electricity, differentiating it from traditional silicon-based solar panels.

Where are First Solar's production facilities located?

First Solar has production facilities in Vietnam, Malaysia, the United States, and India.

How does First Solar contribute to environmental protection?

First Solar emphasizes environmental protection through its entire lifecycle, from raw material sourcing to end-of-life module collection and recycling.

What are some recent achievements of First Solar?

Recent achievements of First Solar include expanding its manufacturing capabilities and forming strategic partnerships for large-scale solar power plant development.

What markets does First Solar primarily serve?

First Solar primarily serves utility-scale development projects with its solar photovoltaic panels, modules, and systems.

How can I get updates on First Solar?

You can get updates on First Solar by visiting their official website, following them on Twitter, subscribing to their blog, and watching their YouTube channel.

Is First Solar involved in any recycling programs?

Yes, First Solar is involved in end-of-life module collection and recycling as part of their commitment to environmental sustainability.

What sets First Solar apart from other solar companies?

First Solar's use of advanced thin-film technology and its status as the world's largest thin-film solar module manufacturer set it apart from other solar companies.

What kind of partnerships has First Solar established?

First Solar has established strategic partnerships with leading energy companies for the development of large-scale solar power plants.

First Solar, Inc.

Nasdaq:FSLR

FSLR Rankings

FSLR Stock Data

20.05B
101.22M
5.45%
89.81%
5.62%
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United States of America
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