First Solar to invest $1bn to ramp US PV manufacturing
Investment will certainly expand the business's ability to domestically generate solar modules to over 10GW
Aug 30, 2022 // Markets & Finance News, USA, First Solar, Mark Widmar, North America
First Solar Register For Make in India With 3.3 GW Production center in India
To be set up in Tamil Nadu, the new center will entail an investment of $684 million as well as create 1000 jobs. If the task undergoes, it will be among the largest success tales of the government's efforts to attract international producers to India.
Jul 30, 2021 // Manufacturing News, India, First Solar, Mark Widmar, Asia
First Solar to Broaden Its US Manufacturing Capacity by 3.3 GW
The prominent American producer of solar panels as well as PV power plants, First Solar Inc. has actually announced its plans of increasing its American residential solar (PV) solar production capacity by 3.3 GWDC (gigawatt straight current) every year, with a financial investment of USD 680 million.
Jun 10, 2021 // Manufacturing News, First Solar, Solar Energy, Mark Widmar, America solar Capacity, Ohio Plant, solar panel manufacturer
First Solar to double US production capacity with new 3.3 GW Ohio plant
First Solar has unveiled strategies to more than increase its United States manufacturing capacity with a 3.3 GWdc facility in Ohio that will certainly create slim film PV modules for the nation's utility-scale solar field.
Jun 9, 2021 // Manufacturing News, USA, First Solar, Mark Widmar, North America, first solar inc, Ohio, capacity expansion announcements, cdte thin film modules
First Solar partners with Norwegian power firm on green hydrogen projects
PV maker and Solar Module Super League (SMSL) participant First Solar has partnered with a Norwegian hydrogen power business to create a portfolio of green hydrogen manufacturing centers.
May 5, 2021 // Plants, Markets & Finance News, Total Eren, First Solar, Mark Widmar, hydrogen, longi green energy, EDF Renewables, nel, Jon André Løkke
First Solar, Enphase Stock, Two Leaders From The No. 1 Group, Beam On Profits
First Solar (FSLR) and also Enphase Energy (ENPH) both reported better-than-expected third-quarter profits late Tuesday. Consequently, FSLR stock and also ENPH supply, two leaders in the No. 1 ranked Energy-Solar group, shone brightly Wednesday on a dark day for the market generally.
Oct 28, 2020 // Markets & Finance News, USA, First Solar, Enphase Energy, Europe, Mark Widmar, Asia, North America
First Solar sells O&M arm, checks out future of EPC business as tax equity headwinds loom
' Solar Module Super League' member First Solar has actually intended to increase down on manufacturing with the sale of its O&M division, having actually started conversations around the future of its EPC company.
Aug 7, 2020 // Manufacturing News, Markets & Finance News, EPC, ITC, O&M, First Solar, Mark Widmar, covid-19, series six, tax equity
First Solar anticipates reduced sales in 2020 regardless of manufacturing rise
' Solar Module Super League' (SMSL) participant First Solar has actually anticipated web sales for 2020 to be in the series of US$ 2.7 billion to US$ 2.9 billion, contrasted to reporting 2019 sales of US$ 3,063 billion.
Feb 21, 2020 // Manufacturing News, Markets & Finance News, USA, First Solar, Mark Widmar, North America, thin film modules, cdte thin-film modules
First Solar’s sales fall 6.5% in Q3 to $547m due to lower systems revenue from US project sales
For third-quarter 2019, First Solar Inc of Tempe, AZ, USA – which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has reported net sales of $547m, down 6.5% on $585m last quarter and 19% on $676m a year ago, due primarily to lower systems revenue from project sales in the USA, offset partially by higher module sales volume.
Nov 4, 2019 // Markets & Finance News, USA, First Solar, Mark Widmar, North America, thin-film photovoltaic
First Solar completes manufacturing expansion in Ohio, now with total solar panel production capacity at 1.9 GW
Thin-film solar panel manufacturer First Solar today announced the start of production at its new PV module manufacturing facility in Lake Township, Ohio — a few miles from its flagship 600-MW factory in Perrysburg, Ohio. With the completed addition, First Solar has a total annualized production capacity of 1.9 GW in the United States. The company also manufactures panels in Malaysia and Vietnam.
Oct 26, 2019 // Manufacturing News, USA, First Solar, Mark Widmar, thin-film, North America, Hanwha Q Cells, Ohio, Tymen de Jong
First Solar sold out through the second quarter of 2021
‘Solar Module Super League’ (SMSL) member, First Solar said it was sold out of thin-film cadmium telluride (CdTe) solar modules through the second half of 2021 as the company continues to ramp its Series 6 larger-area modules.
Oct 25, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Markets & Finance News, USA, First Solar, pv power plants, Mark Widmar, North America, first solar inc, cdte thin-film modules
First Solar’s great ramp forward
First Solar reported a bumper quarter during Q2 by most metrics. The company’s net sales of $585 million were nearly double the previous year, on shipments 1.4 GW of product – the most in its history. Additionally, First Solar booked more than 2.1 GW of orders in July alone, a very positive start to Q3.
Aug 6, 2019 // Manufacturing News, Markets & Finance News, USA, SEIA, China, First Solar, Trump, Mark Widmar, Asia, North America
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