First Solar Stock Price, News & Analysis

First Solar has secured a multi-year agreement with Akuo for the delivery of 500 MW_DC of thin film photovoltaic modules from 2024 to 2026. This deal includes 200 MW_DC for a US utility-scale project, with further deliveries planned for Europe. First Solar's modules are recognized for their quality and environmental performance, while the company is investing $680 million to boost US manufacturing capacity by 3.3 GW annually. This move is part of a broader strategy to reduce supply chain risks and enhance renewable energy production.

First Solar (FSLR) will supply 93 MW of thin-film photovoltaic solar panels to Solarvest Holdings Berhad for four projects under Malaysia's Large Scale Solar Program. Deliveries are set for August to November 2022, with around 75 MW sourced from First Solar's Kulim facility. The deal emphasizes Solarvest's strategy to diversify procurement amidst global supply chain uncertainties. First Solar's modules, developed in California and Ohio, set industry benchmarks in performance and environmental impact. The company, active in Malaysia since 2007, plans to expand its manufacturing capacity significantly by 2024.

First Solar, Inc. (NASDAQ: FSLR) will announce its second quarter financial results for the period ending June 30, 2022, on July 28, 2022, after market close. The company will host a conference call at 4:30 p.m. ET to discuss these results and provide insights into its 2022 outlook. Investors can access a live webcast on the company’s investor website. An audio replay will be available until August 27, 2022. First Solar specializes in eco-efficient solar modules aimed at combating climate change through sustainable practices.

First Solar, Inc. (Nasdaq: FSLR) has finalized the sale of a 293-megawatt (MW) DC solar project development platform in Japan to PAG Real Assets. As part of this deal, many First Solar employees in Japan will transition to PAG. Additionally, First Solar has an agreement for PAG to acquire its O&M platform managing approximately 665 MW DC in Japan, expected to close in H2 2022, pending regulatory approvals and customary conditions. First Solar reinforces its commitment to sustainability through advanced thin-film solar technology.

First Solar announces a framework agreement with National Grid Renewables for the delivery of 2 GW of advanced thin film solar modules in 2024 and 2025. This partnership underscores a commitment to sustainable energy, leveraging First Solar’s Cadmium Telluride technology known for its lower carbon and water footprints. First Solar is also expanding its manufacturing capabilities with a $680 million investment in Ohio, expected to enhance its annual capacity to 6 GW. The company’s efforts in both the U.S. and India aim to double its manufacturing capacity to 16 GW by 2024.

First Solar (Nasdaq: FSLR) has achieved Platinum status in the Validated Assessment Program audit by the Responsible Business Alliance at its Ohio manufacturing complex. This rating, awarded on the first attempt, reflects outstanding achievements in labor practices, health and safety, environmental performance, and business integrity. The audit, valid until May 2024, underscores First Solar's commitment to responsible solar manufacturing. Notably, the company is investing $680 million to expand its Ohio operations, increasing capacity to 6 GW, and reinforcing its position as a leading solar manufacturer.

First Solar (Nasdaq: FSLR) has signed a deal with Scout Clean Energy to supply 378 MW of thin film solar modules. This agreement will help Scout in its projects across the US with operations expected to start in 2024. The solar modules, produced with a low carbon footprint, are part of First Solar's commitment to enhancing domestic manufacturing capacity. The company is investing $680 million to expand its production in Ohio, aiming for an annual capacity of 6 GW by mid-2023. This expansion is part of First Solar's larger growth strategy within the renewable energy sector.

First Solar, Inc. (Nasdaq: FSLR) has finalized agreements with PAG Real Assets for the sale of its 293 MW_DC utility-scale solar project development platform and a 665 MW_DC solar operations and maintenance platform in Japan. The deal is expected to close in mid to late 2022, contingent on regulatory approvals. PAG aims to enhance its renewable energy portfolio in Japan, while First Solar shifts focus towards advancing its module technology. The company also plans to double its manufacturing capacity to 16 GW_DC by 2024.