First Solar

First Solar, Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023

Among other things, such factors include (i) the total advanced manufacturing production credit available to us under Section 45X of the Internal Revenue Code and (ii) the timing and ability to monetize such credit.

Key Points: 
  • Among other things, such factors include (i) the total advanced manufacturing production credit available to us under Section 45X of the Internal Revenue Code and (ii) the timing and ability to monetize such credit.
  • Investors are encouraged to listen to the conference call and to review the accompanying materials, which contain more information about First Solar’s first quarter 2023 financial results, 2023 guidance, and financial outlook.
  • First Solar has scheduled a conference call for today, April 27, 2023 at 4:30 p.m.
  • A live webcast of this conference call and accompanying materials are available at investor.firstsolar.com .

Leeward Renewable Energy Announces 2-Year, 2 GW First Solar Order, Redoubling its Commitment to American Solar

Retrieved on: 
Thursday, April 27, 2023

First Solar , Inc. (NASDAQ: FSLR) today announced an agreement to supply 2 gigawatts (GW)DC of advanced, responsibly produced thin film photovoltaic solar modules to Leeward Renewable Energy (“LRE”).

Key Points: 
  • First Solar , Inc. (NASDAQ: FSLR) today announced an agreement to supply 2 gigawatts (GW)DC of advanced, responsibly produced thin film photovoltaic solar modules to Leeward Renewable Energy (“LRE”).
  • View the full release here: https://www.businesswire.com/news/home/20230427005740/en/
    First Solar, Inc. today announced an agreement to supply 2 gigawatts (GW)DC of advanced, responsibly produced thin film photovoltaic solar modules to Leeward Renewable Energy.
  • (Photo: Business Wire)
    This agreement builds on LRE’s existing relationship with First Solar as a major buyer and operator of the company’s solar technology.
  • “We are pleased that Leeward Renewable Energy has expanded on its commitment, not just to First Solar but to responsibly produced solar technology developed here in the United States,” said Georges Antoun, chief commercial officer, First Solar.

First Solar, Inc. to Announce First Quarter 2023 Financial Results on April 27, 2023

Retrieved on: 
Monday, April 10, 2023

First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the first quarter ended March 31, 2023, after the market closes on Thursday, April 27, 2023.

Key Points: 
  • First Solar, Inc. (NASDAQ: FSLR) (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.
  • Investors may access a live webcast of this conference call by visiting investor.firstsolar.com .
  • A replay of the webcast will also be available on the Investors section of the Company’s website approximately two hours after the conclusion of the call and remain available for 30 days.

Longroad Energy's 108 MWdc Foxhound Solar Project to be Acquired by Dominion Energy

Retrieved on: 
Tuesday, April 11, 2023

BOSTON, April 11, 2023 /PRNewswire/ -- Longroad Energy, a U.S. based renewable energy developer, owner, and operator, announced today the sale of its 108 MWdc (83 MWac) Foxhound Solar project to Dominion Energy.

Key Points: 
  • BOSTON, April 11, 2023 /PRNewswire/ -- Longroad Energy, a U.S. based renewable energy developer, owner, and operator, announced today the sale of its 108 MWdc (83 MWac) Foxhound Solar project to Dominion Energy.
  • The project has been in development for six years and will produce enough clean energy to power more than 17,000 homes.
  • Financial close of the Foxhound acquisition is expected upon mechanical completion of the project which is anticipated for January 2024.
  • "Foxhound marks Longroad's first solar project in Virginia and our first greenfield development project in PJM," said Paul Gaynor, CEO of Longroad Energy.

EDP Renewables Places Multi-Year Order for 1.8 GW of First Solar Modules

Retrieved on: 
Thursday, March 30, 2023

The modules, which will be delivered up to 2028, will power US projects developed by EDP Renewables North America (EDPR NA).

Key Points: 
  • The modules, which will be delivered up to 2028, will power US projects developed by EDP Renewables North America (EDPR NA).
  • EDP Renewables is a leading global pure renewable energy company that operates in 28 markets around the globe.
  • Including both utility-scale and distributed generation, EDPR plans to add 4.8 gigawatts (GW) of solar capacity in North America in 2023-2026.
  • “EDP Renewables joins a growing roster of large, sophisticated developers choosing long-term pricing and supply certainty, and responsibly produced solar modules by powering their projects with First Solar’s technology.

Indian Government Awards Production Linked Incentives to First Solar’s India Manufacturing Facility

Retrieved on: 
Wednesday, March 29, 2023

TEMPE, Ariz., March 29, 2023 (GLOBE NEWSWIRE) -- First Solar , Inc. (NASDAQ: FSLR) today announced that its manufacturing facility in India has been awarded financial incentives under the Indian government’s Production Linked Incentive (PLI) program.

Key Points: 
  • TEMPE, Ariz., March 29, 2023 (GLOBE NEWSWIRE) -- First Solar , Inc. (NASDAQ: FSLR) 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 PLI program is intended to promote the manufacturing of high efficiency solar modules in India and to reduce India’s dependency on foreign imports of solar modules.
  • Designed using the advanced manufacturing template established by First Solar’s newest factory in Ohio, the facility will produce the company’s Series 7 modules.

Swift Current Energy Ramps Up Construction of 800 MW Double Black Diamond Solar Project with McCarthy Building Companies

Retrieved on: 
Wednesday, March 29, 2023

BOSTON and HOUSTON, March 29, 2023 /PRNewswire/ -- Swift Current Energy ("Swift Current") is ramping up construction this spring for its Double Black Diamond solar project in central Illinois. The company has contracted St. Louis-based McCarthy Building Companies ("McCarthy") as the Engineering, Procurement and Construction (EPC) contractor. Swift Current has also selected American-based First Solar to provide the 800 MWdc solar modules for the project and American-based Nextracker to provide the smart solar tracker solutions for the project. The majority of the project's 1.6 million solar panels will be manufactured in the United States.

Key Points: 
  • BOSTON and HOUSTON, March 29, 2023 /PRNewswire/ -- Swift Current Energy ("Swift Current") is ramping up construction this spring for its Double Black Diamond solar project in central Illinois.
  • Swift Current has also selected American-based First Solar to provide the 800 MWdc solar modules for the project and American-based Nextracker to provide the smart solar tracker solutions for the project.
  • In coordination with local unions, the project is hiring approximately 435 craft workers to construct the Double Black Diamond solar project, with crews having already begun sitework.
  • Additionally, State Farm and PPG will purchase zero-emission, renewable energy from the Double Black Diamond solar project.

Transparent Solar Panels Market is anticipated to surge at a CAGR/rate of 5% fueled by a significant shift towards power generation from clean sources and building a sustainable industrial ecosystem | UnivDatos Market Insights

Retrieved on: 
Tuesday, March 21, 2023

The analysis has been segmented into Type (Thin Film Photovoltaics (TPVs), Near Infrared Transparent Solar Cell, Polymer Solar Cell (PSC), Perovskite Solar Cell, and Quantum Dot (QD) Solar Cell); Application (Tracking Solar Panels and Stationary Solar Panels); Region/Country.

Key Points: 
  • The analysis has been segmented into Type (Thin Film Photovoltaics (TPVs), Near Infrared Transparent Solar Cell, Polymer Solar Cell (PSC), Perovskite Solar Cell, and Quantum Dot (QD) Solar Cell); Application (Tracking Solar Panels and Stationary Solar Panels); Region/Country.
  • This innovative report makes use of several analyses to get a closer outlook on the transparent solar panels market.
  • The transparent solar panels market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the transparent solar panels market at the global and regional levels.

Transparent Solar Panels Market is anticipated to surge at a CAGR/rate of 5% fueled by a significant shift towards power generation from clean sources and building a sustainable industrial ecosystem | UnivDatos Market Insights

Retrieved on: 
Tuesday, March 21, 2023

The analysis has been segmented into Type (Thin Film Photovoltaics (TPVs), Near Infrared Transparent Solar Cell, Polymer Solar Cell (PSC), Perovskite Solar Cell, and Quantum Dot (QD) Solar Cell); Application (Tracking Solar Panels and Stationary Solar Panels); Region/Country.

Key Points: 
  • The analysis has been segmented into Type (Thin Film Photovoltaics (TPVs), Near Infrared Transparent Solar Cell, Polymer Solar Cell (PSC), Perovskite Solar Cell, and Quantum Dot (QD) Solar Cell); Application (Tracking Solar Panels and Stationary Solar Panels); Region/Country.
  • This innovative report makes use of several analyses to get a closer outlook on the transparent solar panels market.
  • The transparent solar panels market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth.
  • Furthermore, this statistical market research repository examines and estimates the transparent solar panels market at the global and regional levels.

American Solar: Origis Energy Orders Additional 2 GW of First Solar Modules

Retrieved on: 
Wednesday, March 1, 2023

This requires superior customer service, innovation, quality and commitment, our mission to consistently deliver utility scale solar projects,” said Samir Verstyn, chief investment and chief operations officer, Origis Energy.

Key Points: 
  • This requires superior customer service, innovation, quality and commitment, our mission to consistently deliver utility scale solar projects,” said Samir Verstyn, chief investment and chief operations officer, Origis Energy.
  • “This most recent agreement with First Solar caps a five-year collaboration, comprising 3.4 GW of solar panel capacity.
  • First Solar, the only US-headquartered company among the world’s largest solar manufacturers, is expanding its American manufacturing capacity.
  • For the 2023 – 2027 build schedule, Origis has secured over 6 GW of solar modules, including the most recent agreement with First Solar, to support new and existing customers with guaranteed panel supply through 2027.