May 15th, 2019 | by Joshua S Hill
US-based solar manufacturer First Solar announced its first-quarter earnings earlier this month revealing a heavy net-loss and missing earnings expectations due primarily to its US and Japanese Engineering, Procurement and Construction (EPC) business, leading the company to announce a planned restructuring.
February 25th, 2019 | by Joshua S Hill
US-based solar manufacturer First Solar announced its Fourth Quarter and Full Year 2018 financial results last week, revealing steady quarterly revenue which nevertheless missed the market consensus, and annual revenue which was down 24% on the previous year, revealing underlying concerns even as the company ramps up its Series 6 manufacturing.
December 4th, 2018 | by Kyle Field
CleanTechnica sat down with Andreas Wade, Global Sustainability Director at First Solar, to talk about the what the future holds for solar module recycling
November 7th, 2018 | by Joshua S Hill
The Tennessee Valley Authority (TVA) signed an agreement with US developers First Solar and NextEra Energy Resources to build 377 megawatts (MW) worth of new solar capacity in Alabama and Tennessee to provide 100% renewable energy to Facebook's Huntsville, Alabama data center
November 2nd, 2018 | by Charles W. Thurston
Tampa Electric won state approval this week to add 260 more megawatts (MW) of solar to its generation fleet by January and to recover the cost. The five separate projects in this endeavor comprise the second phase of the utility’s blazing solar program, which will involve an $850 million investment that will add 600 MW of solar across 10 installations by
October 30th, 2018 | by Joshua S Hill
American solar PV manufacturer First Solar announced its third-quarter earnings late last week, revealing increased sales and earnings with an escalating order book of 11.3 gigawatts (GW), but investors were not impressed with what they considered a revenue "miss" and shares have slumped nearly 10% off the back of the announcement
October 4th, 2018 | by Joshua S Hill
The United States' Wind Energy Foundation announced this week that it is rebranding to better represent an increased focus on wind and solar energy and will now be known as the Wind Solar Alliance, having also expanded its board of directors to include solar energy experts including two executives from NEXTracker and First Solar
August 2nd, 2018 | by Joshua S Hill
Leading US solar manufacturer First Solar reported its second-quarter earnings in late July, which showed revenue of only $309 million, down $258 million from the previous quarter due to expected lower system and third-party module sales
June 20th, 2018 | by Joshua S Hill
The United States imposed an additional 25% tariff on imported Chinese solar cells and modules last week in America's steadily escalating trade war with one of the world's most dominant economies and international powers.
May 8th, 2018 | by Joshua S Hill
Leading US solar manufacturer First Solar published its first-quarter earnings report late last month, depicting a strong start to the year with increased sales of $567 million and the commencement of Series 6 module production in April which, in turn, led to the company's announcement of a new solar manufacturing plant in Perrysburg, Ohio.
April 27th, 2018 | by Tina Casey
How Trump's new solar tariff enabled First Solar to leverage its thin film PV technology over the competition, company plans gigantic new factory in Ohio
February 27th, 2018 | by Joshua S Hill
American solar PV manufacturer First Solar announced this week that it would be raising its shipping guidance for Full Year 2018 after the Section 201 case increased demand and excluded the company's Series 4 modules from the 30% tariff.
February 26th, 2018 | by Joshua S Hill
Talking to investors in its Q4 2017 Earnings Call on February 22, First Solar CEO Mark Widmar floated the possibility of expanding the company's US manufacturing capacity as a direct result of Donald Trump's corporate tax reforms.
February 26th, 2018 | by Joshua S Hill
US-based solar manufacturer First Solar announced its Fourth Quarter and Full Year 2017 financial results late last week and it was a mixed bag of results, beating earnings expectations but missing on revenue while taking a multi-million dollar hit due to US tax reform.
February 22nd, 2018 | by Joshua S Hill
Leading American solar manufacturer First Solar has announced this week it will proceed with the development and construction of a 200 megawatt solar farm in Twiggs County, Georgia, which was first awarded to the company as part of a 525 megawatt Request for Proposals by Georgia Power's Renewable Energy Development Initiative, or REDI.
February 15th, 2018 | by Steve Hanley
First Solar has just outbid every fossil fuel competitor to supply electricity to Arizona Public Service, the state's largest utility company, during peak demand periods. Can you hear the dam breaking?
February 7th, 2018 | by Joshua S Hill
8point3 Energy Partners, the yieldco set up in 2015 by First Solar and SunPower, has entered into a Plan of Merger and Purchase Agreement with CD Clean Energy and Infrastructure V JV, LLC, an investment fund managed by Capital Dynamics, in a deal expected to represent about $977 million in equity value and about $1.7 billion in enterprise value.
December 6th, 2017 | by Joshua S Hill
American solar PV manufacturer First Solar released a flurry of announcements on Tuesday, first among them the unveiling of its first functional Series 6 thin film solar PV module at the company's Ohio production line.
October 31st, 2017 | by Joshua S Hill
American solar PV manufacturer First Solar saw its shares jump 20% on the back of strong third quarter financial results which saw the company report net sales of $1.1 billion, an increase of $464 million over the second quarter.
August 15th, 2017 | by Joshua S Hill
One of the world's leading thin-film solar module manufacturers, First Solar, has secured a contract to supply 241 MW worth of solar modules for two solar projects in Queensland, Australia, which subsequently pushes the company's confirmed module supply pipeline in Australia over 500 MW.
July 28th, 2017 | by Joshua S Hill
While net sales were down for US solar PV manufacturer First Solar, the company actually managed to post a strong growth in revenue for the quarter, giving the company space to raise its shipments and financial guidance for the full year 2017.
July 18th, 2017 | by Joshua S Hill
EDF Renewable Energy has this week announced its acquisition of the 179 MW Switch Station 1 and 2 solar projects from First Solar in late-June, a move which brings the US company closer to 10 GW worth of renewable energy projects in operation or development across North America.
May 8th, 2017 | by Joshua S Hill
US-based solar PV manufacturer First Solar, after a dismal fourth quarter and full-year 2016 financial report, surprised everyone last week when it posted a strong first quarter which beat expectations and allowed the company to upgrade its guidance for the full-year 2017.
March 22nd, 2017 | by Saurabh
The world’s largest thin-film solar panel manufacturer, First Solar, is expected to sell 200 megawatts of capacity in India as it looks to return its focus back to its core business.