Tag Archives: first solar
First Solar Teams Up With Locals (FSLR)
First Solar just announced that will collaborate with National Bankof Arizona and SolarCity to build a 22 KW commercial solar installationin Phoenix, Arizona. The installation will be the second-largest inPhoenix and the first to use First Solar’s products. The installationwill power National Bank of Arizona headquarters, placing 2,960 FirstSolar advanced thin-film modules on top if [...]
FSLR CFO Dumping Shares
First Solar (FSLR) insiders are dumping shares with the mostsignificant being the selling from CFO Jens Meyerhoff who dumped nearly$3 million in stock on May 1st (which is a significant portion of theholdings). The last time Jens dumped stock? Right around last yearstop in July/August. Also doing some significant selling is the estateof John Walton [...]
First Solar (FSLR) Smashes Estimates, Doubles Revenues Again
First Solar (FSLR) continues to show why it is the best of breed ofsolar company, posting another quarter of remarkable growth while itscompetitors whither in tough conditions. The company smashed EPSestimates of $1.53/share as well as the whisper numberof $1.70/share with a Q1 EPS of $1.99/share which is a whopping 249%increase over the year ago [...]
First Solar (FSLR) To Supply PV Modules For Australia’s Largest Installation
First Solar, Inc just announced that it has been selected to supplyPV modules for Australia’s largest PV installation. The installation,which will be performed by Solar Shop Australia, will consist of a 1 MWDC rooftop solar project. The project will be installed on top of 6buildings and will supply power for the Adelaide Showground in SouthAustralia. [...]
Ted Turner Loves Clean Energy, Especially First Solar (FSLR)
Cable TV tycoon Ted Turner believes clean energy offers the biggestopportunity the world has ever seen and compares it to cable TV 40years ago in that the field is wide open and rife with opportunity. From Bloomberg: “I’m putting my money where my mouth is and I’ve made a multimillioninvestment in solar power,” Turner, 70, [...]
Macro Musings on Earth Day and Green Energy
I love Earth Day. I have celebrated itfor decades, by planting my garden or going for a hike or attending anevent. (This year I’ll be spending it as I have spent the last 10 days,staying put and nursing a nice case of poison oak I picked up whilegetting up close and personal with nature the [...]
Citi Raises First Solar Price Target, Maintains Hold
According to StreetInsider.com Citi is out with a hold on First Solar (FSLR) but is raising the price target from $130 to $150. Citi believes the solar industry is entering a sustainable period ofsecular growth with business models in the space “exhibiting positiveearnings leverage.” “Consistent with our investment framework, we believe that solarstocks, in general, [...]
Juwi and First Solar to build 53MW German plant
German renewables company Juwi Holding and US solar module manufacturer First Solar have secured financing for a 53 megawatt (MW) photovoltaic (PV) power plant near the German city of Cottbus. On completion, the PV power plant comprising some 700,000 modules, is projected to be the largest in Germany – producing enough power to provide the [...]