Welcome to our dedicated page for First Solar news (Ticker: FSLR), a resource for investors and traders seeking the latest updates and insights on First Solar stock.
First Solar, Inc. (NASDAQ: FSLR) is frequently in the news as America’s leading photovoltaic (PV) solar technology and manufacturing company and the only US‑headquartered company among the world’s largest solar manufacturers. News coverage of First Solar often highlights developments in its thin film cadmium telluride (CdTe) module technology, expansion of its manufacturing footprint, and updates on its financial performance.
Recent announcements include the inauguration of a fully vertically integrated manufacturing facility in Iberia Parish, Louisiana, which uses artificial intelligence (AI), computer vision, and deep learning to detect defects in solar panels and support operator decision making. The company has also announced plans for a new facility in Gaffney, South Carolina, to onshore final production processes for Series 6 Plus modules initiated by its international fleet. These updates are part of what First Solar describes as the largest solar technology manufacturing and R&D footprint in the Western Hemisphere, including facilities in Ohio, Alabama, and Louisiana, and R&D centers in Ohio and California.
Investors and observers can also follow First Solar news for quarterly earnings results, guidance updates, and information on advanced manufacturing production tax credit transactions under Section 45X of the Internal Revenue Code. The company regularly reports on net sales, module shipment volumes, contracted sales backlogs, and tax credit transfer agreements through press releases and Form 8‑K filings. Additional news items cover technology and supply chain partnerships, such as its exclusive quantum dot supply agreement with UbiQD, Inc. and its selection of Everstream Analytics for supply chain risk insights.
This news page aggregates these types of updates, allowing readers to review First Solar’s manufacturing expansions, financial disclosures, R&D collaborations, and policy‑related developments in one place.
First Solar (FSLR) announced the acquisition of the 123-MW American Kings Solar project by Goldman Sachs Renewable Power LLC. The project, located in California, is backed by a 15-year Power Purchase Agreement with Southern California Edison and is expected to be operational by Q4 2020. The facility, utilizing First Solar’s Series 6 photovoltaic modules, will reduce carbon emissions by displacing 78,000 metric tons of CO2 annually. This partnership reinforces First Solar’s commitment to sustainable energy and contributes significantly to California's decarbonization efforts.
On June 18, 2020, First Solar (FSLR) announced a 15-year Power Purchase Agreement with Dow (DOW) for renewable energy from 75% of its 200-MW Horizon Solar project in Texas. This agreement underpins Dow's commitment to sourcing 750 MW of renewable power by 2025. The project is expected to power 25,000 homes and displace 147,000 metric tons of CO2 annually. First Solar aims to enhance sustainability by using its eco-efficient Series 6 modules, reducing water consumption significantly in its manufacturing processes. This collaboration aims to contribute positively to both companies' sustainability goals.
First Solar has announced a framework supply agreement with Geronimo Energy to deliver 415 MWDC of Series 6 photovoltaic modules in 2022. This deal expands their collaboration to over 1.4 GWDC in module technology sales. Geronimo Energy, part of National Grid, operates over 2.4 GW of renewable energy projects. The Series 6 modules are designed for superior environmental performance, boasting a carbon footprint significantly lower than conventional panels. First Solar has also enhanced its manufacturing capacity to meet the growing demand for these modules.
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