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First Solar

Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand

First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […]

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First Solar India’s Disconnect: Big Factory, Small Home Footprint

First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […]

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First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide

First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […]

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Lightsource bp Expands APAC Footprint with First Solar Project in Japan

Lightsource bp has expanded its presence in the Asia-Pacific (APAC) region with its entry into Japan, acquiring a 15 MWp solar project in Hokkaido. This move marks the company’s continued global growth, bringing its operations to 20 markets, including Australia, New Zealand, Taiwan, and South Korea. Adam Pegg, , emphasized the company’s long-term commitment to […]

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Himachal Pradesh: Dharamshala Gets Its First Solar Project

Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently inaugurated its first solar power project 750 kilowatts at Dharamshala in Kangra district. The solar project was built at Rs. 4.74 crore and spans 8,500 square meters of land. The project would generate approximately 2,000 units of electricity daily, yielding a monthly income of Rs. […]

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Bharat Mobility Expo: Vayve Mobility To Flaunt India’s First Solar Car

Vayve Mobility, a new-age OEM (original equipment manufacturer) that has pioneered the concept of solar electric cars will showcase the much-awaited Eva, a compact electric car that will revolutionize the way India drives. The exclusive preview will happen at the Bharat Mobility Global Expo in New Delhi between January 17 and 22. “Building on its […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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Bundelkhand Expressway To Become UP’s First Solar Expressway

The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has taken the first step towards building the state’s first solar expressway. It recently released a tender seeking developers to undertake this project. “The Bundelkhand Expressway is set to become the firstSolar Expressway’ in Uttar Pradesh. This 296-km-long stretch will have solar panels installed on both […]

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First Solar Opens New Module Manufacturing Unit In US

American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […]

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