mark widmar

A Record Breaking 2024 Awaits First Solar, As It Starts Q1 With Production Record

US Based First Solar, the world’s largest Cadmium telluride (CdTe) thin-film module manufacturer has just announced its forst quarter results. The firm, which became the first foreign form to be a part of the approved list of module manufacturers (ALMM) of the Ministry of New and Renewable Energy in India (MNRE) produced 3.6GW of modules […]

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EDP Renewables Order 1.8 GW of First Solar Modules

First Solar and EDP Renewables (EDPR) have announced a multi-year order for 1.8 GWdc of First Solar’s advanced thin film PV solar modules. The modules will be delivered up to 2028 and will power US projects developed by EDP Renewables North America. EDP Renewables currently operates 475 MW of solar projects in USA, has 1.6 […]

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First Solar Q4 FY21 financial results: net sales jump 50%

US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […]

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US Grants $500M Financing To First Solar for 3.3GW Facility in Tamil Nadu

U.S. International Development Finance Corporation (DFC) has approved up to $500 million of debt financing for First Solar, the largest American solar manufacturing company, subject to negotiations of definitive agreements. The DFC financing will support the company’s previously announced vertically integrated photovoltaic (PV) solar module manufacturing facility in Tamil Nadu, with a projected annual capacity […]

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First Solar Signs Up For Make in India With 3.3 GW Manufacturing facility in India

First Solar, Inc. (Nasdaq: FSLR) today announced that it intends to invest $684 million in a new, fully vertically-integrated photovoltaic (PV) thin film solar module manufacturing facility in India. Contingent upon permitting, and pending approval of Indian government incentives that are satisfactory to First Solar, the advanced facility is expected to commence operations in the second […]

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