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?
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.
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.
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.
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.
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.
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.
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.
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.
US-based solar PV manufacturer First Solar, reporting its fourth quarter and full-year 2016 results, reported its biggest-ever quarterly loss, as well as a massive net loss for the whole year, on the back of decreased revenue and a massive overhauling of the company.
