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Browsing the "First Solar" Tag

First Solar To Restructure EPC Business After Heavy First Quarter Hit

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. 


A Consistent 4th Quarter Belies Concerns For First Solar

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. 


Tampa Electric Solar Plan Blazes With Another 260 Megawatts

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


Investors Unimpressed With First Solar’s 11.3 GW Worth Of Bookings

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


US Wind Energy Foundation Rebrands As Wind Solar Alliance

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


First Solar Starts Off 2018 With A Bang

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. 


First Solar Reports Mixed Results, Booked Out Until 2020

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. 


Capital Dynamics Acquires First Solar & SunPower Yieldco 8point3

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. 



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