The country’s largest solar production facility officially opens Friday in Georgia, with the Trump administration expected to be in attendance. A representative of the Trump administration and Georgia Governor Brian Kemp will converge on Dalton, Georgia on Friday to celebrate a U.S. manufacturing win, as Hanwha Q Cells officially opens its solar module manufacturing facility […]
US Solar Executives Break Down the Odds of an ITC Extension
The chances of an ITC extension have improved, though it still looks like an uphill battle, solar executives say. With the end of 2019 approaching, the impending phase-down of the federal Investment Tax Credit is top of mind for solar executives. Unlike the ambivalence within the wind industry about an extension of its Production Tax […]
First Solar And Microsoft Team-Up to Power Arizona Datacenters with Cleaner Solar
Solar electricity from 150MWAC Sun Streams 2 project in Arizona to support Goodyear and El Mirage data centers TEMPE, Ariz.: US-headquartered First Solar, Inc. (Nasdaq: FSLR) today announced that its Sun Streams 2 photovoltaic (PV) solar plant will power new energy-efficient datacenters being built by Microsoft Corp. in Goodyear and El Mirage, Arizona. The 150-megawatt […]
First Solar, Rocky Mountain Power to Deliver Clean Energy for Facebook Data Center
122MWAC Cove Mountain 2 project in Utah to support Facebook’s 100 percent renewable energy goals TEMPE, Az.: First Solar, Inc. (Nasdaq: FSLR) today announced that its Cove Mountain 2 solar power plant will support Facebook’s Eagle Mountain Data Center in Utah, through a Power Purchase Agreement (PPA) with Rocky Mountain Power, a division of PacifiCorp and part of Berkshire Hathaway Energy. […]
Capital Dynamics, First Solar Celebrate Commissioning of the 280MWac California Flats Solar Project
NEW YORK and TEMPE, Ariz.: Capital Dynamics, an independent global private asset management firm, and First Solar, Inc. (NASDAQ: FSLR) today announced the completion and commercial operation of the 280-megawatt (MW) AC California Flats Solar Project . The project is located on approximately 2,900 acres of ranch land within the Jack Ranch owned by Hearst, near the borders of San […]
Israel’s Energix to buy $120 mln of solar panels from First Solar
The deal will help advance Energix’s plans to build photovoltaic (PV) projects in Israel and the United States * Israel’s Energix Renewable Energies said it will purchase $120 million of solar panels from U.S.-based First Solar. * The deal will help advance Energix’s plans to build photovoltaic (PV) projects in Israel and the United States, the company said. * Energix said it […]
First Solar Slips to Q1 Loss but Sees ‘Tremendous Momentum’ in Global Solar Market
U.S. solar giant to restructure its engineering, procurement and construction business after struggling to contain costs in the first quarter of 2019. First Solar swung to a first-quarter loss due to lower project revenue and escalating costs at its engineering, procurement and construction business, but reassured investors that the roll-out of its critical Series 6 […]
The Status of US Solar Manufacturing, One Year After Tariffs
On Tuesday, JinkoSolar will officially open its Jacksonville, Florida solar module factory. The Chinese company announced that plant in January of last year, roughly a week after the Trump administration unveiled its final tariffs on crystalline silicon solar cells and modules. It was the first of a string of such announcements as foreign manufacturers stared […]
First Solar, Inc. Announces Third Quarter 2018 Financial Results
Net sales of $676 million Net income per share of $0.54 Cash and marketable securities of $2.7 billion, net cash of $2.3 billion YTD net bookings of 5.2GWDC; 1.1GWDC booked since prior earnings call Series 6 commercial shipments commenced from third factory location Earnings guidance lowered primarily due to timing of systems project sale TEMPE, Ariz.: First Solar, Inc. (Nasdaq: FSLR) […]
First Solar, Inc. Announces Second Quarter 2018 Financial Results
Net sales of $309 million Net loss per share of $(0.46) Cash and marketable securities of $3.1 billion, net cash of $2.7 billion YTD net bookings of 4.1GWDC; 0.9GWDC booked since prior earnings call Series 6 commercial shipments commenced from second factory location Maintain 2018 EPS guidance and raise 2018 net cash guidance TEMPE, Ariz.,: First Solar, Inc. (Nasdaq:FSLR) today announced […]
