Articles from First Solar, Inc.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the third quarter ended September 30, 2024.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the third quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024.

First Solar, Inc. (Nasdaq: FSLR) inaugurated its new $1.1 billion fully vertically integrated thin-film solar manufacturing facility in Lawrence County, Alabama. The facility, which adds 3.5 gigawatts (GW) of fully vertically integrated nameplate solar manufacturing capacity in the United States, is expected to create over 800 new energy technology manufacturing jobs in the state.

According to its 2024 Sustainability Report, which was released today, First Solar, Inc. (Nasdaq: FSLR) has established new industry benchmarks including verifiable leadership in ultra low-carbon solar technology, high-value recycling, respect for human rights, and transparent reporting. Headquartered in the United States, First Solar is the largest solar manufacturer in the Western Hemisphere and the world’s largest high-value solar panel recycler.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2024.

First Solar, Inc. (“First Solar”) (NASDAQFSLR) today announced its ownership of patents related to the manufacturing of Tunnel Oxide Passivated Contact (“TOPCon”) crystalline-silicon (“c-Si”) photovoltaic (“PV”) solar cells.

First Solar, Inc. (Nasdaq: FSLR) today commissioned a new research and development (R&D) innovation center in Lake Township, Ohio, believed to be the largest facility of its kind in the Western Hemisphere. The Jim Nolan Center for Solar Innovation is dedicated to the late James “Jim” F. Nolan, a former member of First Solar’s Board of Directors and the architect of the company’s cadmium telluride (CdTe) semiconductor platform.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the second quarter ended June 30, 2024, after the market closes on Tuesday, July 30, 2024.

First Solar, Inc. (NASDAQFSLR) today announced that its Series 6 Plus and Series 7 TR1 products are the world’s first photovoltaic (PV) solar modules to achieve the EPEAT Climate+ designation, establishing a new benchmark for the solar technology and manufacturing industry.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the first quarter ended March 31, 2024.

First Solar, Inc. (“First Solar”) (NASDAQFSLR) announced that MN8 Energy LLC (“MN8”) has placed orders for 457 megawatts (MW) of advanced thin film solar modules, including 170 MW of Series 6 Plus bifacial modules and 287 MW of Series 7 modules. The modules will power projects in the northeastern and southern United States.

First Solar, Inc. (NASDAQFSLR) announced an agreement to supply Birch Creek Energy (“Birch Creek”) with 547 MW of advanced Series 6 Plus Bifacial thin film photovoltaics (PV) modules. The St. Louis-based renewable energy company plans to deploy the modules in projects across its development pipeline in the United States.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2024, after the market closes on Wednesday, May 1, 2024.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the fourth quarter and year ended December 31, 2023.

First Solar, Inc. (Nasdaq: FSLR) released what is believed to be the first comprehensive economic analysis of a vertically integrated solar manufacturer’s value chain in the United States. The study, commissioned by First Solar and conducted by the Kathleen Babineaux Blanco Public Policy Center at the University of Louisiana at Lafayette, used IMPLAN economic software to analyze First Solar’s actual and forecasted US spending in 2023 and 2026 when the company expects to have 14 gigawatts (GW) of annual nameplate capacity across Alabama, Louisiana, and Ohio.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the fourth quarter and full year ended December 31, 2023, and discuss its 2024 financial guidance and outlook, after the market closes on Tuesday, February 27, 2024.

First Solar, Inc. (Nasdaq: FSLR) today announced that it has acquired a 1.2 million square foot facility in Troy Township, Ohio. The facility, formerly known as Peloton Output Park, is expected to be repurposed into a new distribution center serving First Solar’s Ohio manufacturing footprint, which comprises three manufacturing facilities with a combined annual nameplate capacity of approximately 6 gigawatts (GW) of capacity at the end of 2023.

First Solar, Inc. (Nasdaq: FSLR) today inaugurated its new facility in Tamil Nadu, India, the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, Dr T R B Rajaa inaugurated the facility in a ceremony attended by the United States Ambassador to India, Eric Garcetti, and Scott Nathan, Chief Executive Officer of the US International Development Finance Corporation (DFC).

First Solar, Inc. (Nasdaq: FSLR) today announced that it has entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil Nadu, India, supplying approximately 7.3 gigawatt-hours (GWh) of clean electricity to First Solar’s new 3.3-gigawatt (GW) vertically integrated solar manufacturing facility, also located in Tamil Nadu.

First Solar, Inc. (Nasdaq: FSLR) today announced that it entered into two separate Tax Credit Transfer Agreements (TCTAs) on December 22, 2023, to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. subject to satisfaction of certain conditions. Under the terms of the agreements Fiserv will pay a price of $0.96 per $1 of tax credits to First Solar during the first half of 2024, inclusive of fees and commissions paid by First Solar to the placement agent.

First Solar, Inc. (NASDAQFSLR) announced an agreement to supply Swift Current Energy with 500 megawatts (MW) of advanced Series 7 thin film modules. Swift Current Energy, a Boston-headquartered developer, owner, and operator of utility-scale clean energy assets, has previously placed orders for 3.3 gigawatts of First Solar modules in 2022. This latest order, which was booked prior to the release of First Solar’s Q3 2023 results on 31 October, will see modules delivered between 2027 and 2028.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the third quarter ended September 30, 2023.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the third quarter ended September 30, 2023, after the market closes on Tuesday, October 31, 2023.

First Solar, Inc. (Nasdaq: FSLR) today broke ground on a previously announced manufacturing facility in Iberia Parish, Louisiana, its fifth fully vertically integrated factory in the United States. The ceremony was attended by the Governor of Louisiana, John Bel Edwards, and other dignitaries from the state.

First Solar, Inc. (NASDAQFSLR) today announced that Longroad Energy, a US-based renewable energy developer, owner, and operator, has agreed to procure an additional 2 gigawatts (GW) of advanced thin film American solar modules. The order for responsibly produced solar modules, which are expected to be delivered between 2027 and 2029, builds on an existing 3.7 GW framework agreement between the two companies and increases Longroad Energy’s total procurement of First Solar thin film modules to approximately 8 GW since 2017.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will host its Analyst Day on Thursday, September 7, 2023. Presentations by the Company’s management team will begin at 8:30 AM ET and will include updates on First Solar’s long-term business strategy, technology, and financial outlook.

First Solar, Inc. (Nasdaq: FSLR) today released its 2023 Sustainability Report and established a new industry benchmark for transparency by making public details of onsite third-party social audits conducted across its global manufacturing footprint in what is believed to be an industry first. First Solar is also believed to be the first among the world’s largest solar manufacturers to have conducted third-party social audits across its operational global manufacturing footprint. First Solar’s integrated manufacturing process helps eliminate risks and traceability challenges associated with outsourcing and the multiple supply tiers of conventional crystalline silicon solar manufacturing.

First Solar, Inc. (Nasdaq: FSLR) today announced that it has selected the Acadiana Regional Airport in Iberia Parish, Louisiana as the location for its previously announced fifth fully vertically integrated manufacturing facility in the United States. The facility, believed to be the single largest capital investment in the area’s history, represents an investment of up to $1.1 billion in expanding America’s capacity to produce its own photovoltaic (PV) solar modules. Expected to be completed in the first half of 2026, the facility is forecast to grow the company’s nameplate manufacturing capacity by 3.5 gigawatts (GW) to reach approximately 14 GW in the US in 2026.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the second quarter ended June 30, 2023.

First Solar, Inc. (Nasdaq: FSLR) today announced its intention to build a fifth manufacturing facility in the United States, investing up to $1.1 billion in further expanding America’s capacity to produce its own photovoltaic (PV) solar modules. The planned fully vertically integrated facility, the location of which is yet to be determined, is expected to grow the company’s nameplate manufacturing capacity by 3.5 gigawatts (GW) to reach approximately 14 GW in the US and 25 GW globally in 2026.

First Solar, Inc. (NASDAQFSLR) and Matrix Renewables (“Matrix”) today announced that Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules. The modules, which will be delivered between 2024 and 2027, will power Matrix projects in the United States and Spain. This marks Matrix’s first order for First Solar’s responsibly produced ultra-low carbon photovoltaic (PV) technology.

The Tennessee Valley Authority (TVA) today announced that it has secured 279 megawatts (MWDC) of advanced thin film solar panels from First Solar (NASDAQFSLR) for its planned Lawrence County Solar Project in Lawrence County, Alabama, which is expected to commence commercial operation in 2027. The project reflects TVA’s growing emphasis on solar in the region, which, by 2025, is also expected to become the home of one of the largest fully vertically integrated solar manufacturing facilities in the United States, when Arizona-headquartered First Solar commissions its fourth American factory.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will host its Analyst Day on Thursday, September 7, 2023. Presentations by the Company’s management team will begin at 8:30 AM ET and shed light on First Solar’s long-term business strategy, technology, and financial outlook.

First Solar, Inc. (NASDAQFSLR) today announced that Energix Renewables has agreed to procure 51 gigawatts (GWDC) of its responsibly produced, ultra-low carbon thin film solar modules. The modules, which will power Energix projects in Israel, Poland, and the United States, will be delivered between 2026 and 2030. Energix, one of Israel’s largest renewable energy companies with a portfolio of more than 7 GW of projects under development in Israel, Poland and the United States, has also contracted First Solar Recycling Services to manage end-of-life handling of decommissioned modules. Prior to this deal, the company has placed over 3.5 GWDC of orders for First Solar technology since 2017.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the second quarter ended June 30, 2023, after the market closes on Thursday, July 27, 2023.

First Solar, Inc. (Nasdaq: FSLR) announced that on June 30, 2023, it entered into a five-year revolving credit and guarantee facility for $1 billion. The facility includes up to $250 million which is available for the issuance of letters of credit. J.P. Morgan Chase Bank acted as Lead Arranger and is Administrative Agent for the facility.

First Solar, Inc. (NASDAQFSLR) and Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX) announced today that Capital Power has secured its first order for approximately 1 gigawatt (GWDC) of responsibly produced, ultra-low carbon thin film solar modules. The Series 6 Plus modules, which will be delivered between 2026 and 2028, will support Capital Power’s growing development portfolio.

First Solar, Inc. (NASDAQFSLR) today announced a limited production run of the world’s first bifacial solar panel utilizing an advanced thin film semiconductor. A fully functional pre-commercial Series 6 Plus Bifacial photovoltaic (PV) module will make its industry debut at Intersolar Europe in Munich, Germany and will be on display at First Solar’s booth (#520) in Hall A1 from June 14 to 17, 2023.

First Solar, Inc. (NASDAQFSLR) today announced that it has further strengthened its global leadership in thin film photovoltaics (PV) by acquiring Evolar AB, a European leader in perovskite technology. The purchase price is approximately $38 million paid at closing and up to an additional $42 million to be paid subject to certain technical milestones being achieved in the future. The impact to 2023 operating expenses is expected to be approximately $2-4 million, excluding the impact of purchase price accounting.

First Solar, Inc. (NASDAQFSLR) today announced an agreement to supply 2 gigawatts (GW)DC of advanced, responsibly produced thin film photovoltaic solar modules to Leeward Renewable Energy (“LRE”). The deal is expected to see First Solar deliver the modules in 2026 and 2027.

First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the first quarter ended March 31, 2023.

First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2023, after the market closes on Thursday, April 27, 2023. The Company will hold its quarterly conference call to discuss these results at 4:30 p.m. ET. Investors may access a live webcast of this conference call by visiting investor.firstsolar.com.

Advanced ultra-low carbon thin film modules to power US projects, with deliveries up to 2028

TEMPE, Ariz., March 29, 2023 (GLOBE NEWSWIRE) -- First Solar, Inc. (NASDAQFSLR) today announced that its manufacturing facility in India has been awarded financial incentives under the Indian government’s Production Linked Incentive (PLI) program. First Solar was one of only three manufacturers selected to receive the full range of incentives, which are reserved for fully vertically integrated manufacturing. The incentives are subject to the facility meeting product efficiency and domestic value creation thresholds, which will be evaluated on a quarterly basis beginning in the second quarter of 2026 through 2031.

TEMPE, Ariz., Feb. 28, 2023 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the fourth quarter and year ended December 31, 2022.

Second major order for modules, to be delivered between 2026 and 2028, to power Lightsource bp projects in US

TEMPE, Ariz., Feb. 14, 2023 (GLOBE NEWSWIRE) -- First Solar, Inc. (NASDAQFSLR) (the “Company”) will report financial results for the fourth quarter and full year 2022 and discuss its 2023 financial guidance and outlook, after the market closes on Tuesday, February 28, 2023. The Company will hold a conference call to discuss these results and financial guidance at 4:30 p.m. ET. Investors may access a live webcast of this conference call by visiting investor.firstsolar.com.

TEMPE, Ariz., Jan. 12, 2023 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) has completed the sale of Luz del Norte, a 141-megawatt (MW)AC utility-scale solar power plant in Copiapó, Chile, to Toesca, an independent asset manager headquartered in Las Condes, Chile.

Order for advanced thin film solar modules, with deliveries in 2026 and 2027, follows prior 2 GW order

Intersect Power expected to be the largest buyer and operator of First Solar technology by 2029

MONTGOMERY, Ala. and TEMPE, Ariz., Nov. 16, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced that it has selected Lawrence County, North Alabama, as the location for its fourth American photovoltaic (PV) solar module manufacturing facility. The new factory is part of a previously announced investment in scaling First Solar’s American manufacturing footprint to over 10 gigawatts (GW)DC by 2025, and is expected to create over 700 new direct jobs in the state.

TEMPE, Ariz., Oct. 27, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced that it plans to invest approximately $270 million in a dedicated research and development (R&D) innovation center in Perrysburg, Ohio. The new facility is believed to be the first of its scale in the United States and is expected to accelerate American leadership in the development and production of advanced thin film photovoltaics (PV).

TEMPE, Ariz., Oct. 27, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the third quarter ended September 30, 2022.

Advanced thin film modules to support Arevon’s industry-leading solar portfolio

Multi-year order for responsibly produced thin film solar modules with 2025, 2026 deliveries

TEMPE, Ariz., Oct. 13, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (NASDAQFSLR) will report financial results for the third quarter ended September 30, 2022, after the market closes on Thursday, October 27, 2022. The Company will hold its quarterly conference call to discuss these results and its outlook for 2022 at 4:30 p.m. ET. Investors may access a live webcast of this conference call by visiting investor.firstsolar.com.

TEMPE, Ariz. and TOKYO, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Please note that the release issued earlier today by First Solar, Inc. (Nasdaq: FSLR), has been corrected as follows:

TEMPE, Ariz. and TOKYO, Oct. 05, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of a 293-megawatt (MW)DC utility-scale solar project development platform in Japan, to funds managed by PAG Real Assets (“PAG”).

Intersect Power expected to be one of the largest buyers and operators of First Solar technology by 2027

Reports lower greenhouse gas emissions, manufacturing energy, water and waste intensity