In Short : First Solar inaugurates a 3.3 GW manufacturing facility in India, marking a significant step towards bolstering sustainable energy production. This initiative underscores their commitment to advancing solar technology and contributing to India’s renewable energy goals. In Detail : Facility is India’s first fully vertically integrated solar manufacturing plant First Solar inaugurated its […]
First Solar signs 167 MW wind, solar PPA with Cleantech Solar to power India manufacturing facility – EQ
In Short : First Solar has signed a 167 MW power purchase agreement (PPA) with Cleantech Solar to provide wind and solar energy to power its manufacturing facility in India. This collaboration marks a significant step towards sustainable and clean energy sourcing for manufacturing operations. In Detail : Wind, solar PPA estimated to displace almost […]
Swift Current Energy extends First Solar relationship with 500MW order – EQ
In Short : Swift Current Energy, a leading renewable energy company, has extended its partnership with First Solar by placing a significant order for 500 megawatts (MW) of solar modules. This order underscores Swift Current Energy’s commitment to expanding its renewable energy portfolio and leveraging First Solar’s advanced photovoltaic technology. In Detail : First Solar […]
First Solar surpasses expectations, delivering robust Q3 2023 results – EQ
In Short : First Solar, a leading solar technology company, has surpassed market estimates with its robust financial performance in Q3 2023. The company reported strong earnings and revenue figures, showcasing its resilience and market strength in the renewable energy sector. First Solar’s positive results underscore the growing demand for solar energy solutions and the […]
First Solar to Manufacture Solar Panels in India with No China Input, Says US Energy Secretary Jennifer Granholm – EQ Mag
US-based firm First Solar will invest billions of dollars for production of solar panels in India which will not depend on any materials from China. US energy secretary Jennifer Granholm said this at the India-US Strategic Clean Energy Partnership (SCEP) meet in New Delhi on 18 July, 2023. India’s capabilities in scale will be complemented […]
First Solar, Inc. Announces Third Quarter 2022 Financial Results – EQ Mag Pro
Net sales of $629 million Net loss per diluted share of $0.46 Cash, cash equivalents, restricted cash, and marketable securities of $1.9 billion YTD net bookings of 43.7 GW DC 16.6 GW DC of net bookings since prior earnings call Record expected module shipment backlog of over 58 GW DC Reduce FY 2022 earnings guidance […]
Arevon Secures 2 GW Supply of Responsibly Produced American Solar Modules from First Solar – EQ Mag Pro
Advanced thin film modules to support Arevon’s industry-leading solar portfolio NEW YORK and SCOTTSDALE, Ariz. and TEMPE, Ariz. : Arevon Energy, Inc. has secured a more than 2–gigawatt (GW)DC supply of advanced Series 7 thin film photovoltaic (PV) solar modules from First Solar, Inc. (Nasdaq: FSLR) to support its growing renewable energy portfolio. Approximately 700 […]
First Solar to Accelerate American Thin Film PV Innovation with $270 Million Investment in Dedicated R&D Innovation Center – EQ Mag Pro
New 1.3 million square-foot facility expected to fast-track validation of technology and process improvements, enabling development of next-generation thin film solar modules Dedicated R&D facility to optimize rate of learning, reduce downtime on commercial production lines TEMPE, Ariz. : First Solar, Inc. (Nasdaq: FSLR) today announced that it plans to invest approximately $270 million in […]
Swift Current Energy, First Solar in Agreement for 2 GW of American Solar Modules – EQ Mag Pro
Multi-year order for responsibly produced thin film solar modules with 2025, 2026 deliveries TEMPE, Ariz. : First Solar, Inc. (Nasdaq: FSLR) today announced that it has entered into an agreement to supply Swift Current Energy with 2 gigawatts (GW)DC of its high-performance, responsibly produced thin film solar modules in 2025 and 2026. The deal represents […]
First Solar Completes Sale of Japan Operations & Maintenance Platform to PAG Real Assets – EQ Mag Pro
TEMPE, Ariz. and TOKYO : Please note that the release issued earlier today by First Solar, Inc. (Nasdaq: FSLR), has been corrected as follows: First Solar, Inc. (Nasdaq: FSLR) has completed the previously announced sale of its solar operations and maintenance (O&M) platform in Japan to funds managed by PAG Real Assets (“PAG”). The platform […]