Tag Archives: fslr
First Solar Ready to Leave Competition in the Dust in 2011 $FSLR
First Solar, already the market leader in thin-film solar modules, has expansion plans that will see it increase its manufacturingcapacity over the next two years, further separating itself from itscompetition. The U.S.-based company has announced it will be adding manufacturingplants in the United States, Vietnam, France, Germany, and Malaysia. Through these expansions, analysts at IMS Research [...]
Are The Laws of Physics Catching Up With First Solar? $FSLR
Los Angeles–The laws of physics might be catching up to cadmium telluride. Thin film solar panels made from the material might only ever achieveefficiencies of 12 to 13 percent, says Damroder Reddy, CEO of CdTe lstart-up Solexant. First Solar is already producing solar modules at11.2 percent and General Electric says it will be comparable or [...]
What Solar Slowdown? First Solar to Double Capacity $FSLR
First Solar (FSLR) is ramping capacity 500MW by building two new four line thin film solar manufacturing plants itwas announced this morning. The company plans to build a plant inVietnam and the US, both of which are expected to be completed by 2012and create a total of 600 green jobs here in the US. The [...]
Future Looking Bright for First Solar $FSLR
On Wednesday First Solar (FSLR) raised its shipment guidance for 2011 and now sees shipments increasing 380MW over previous estimates due tosigned agreements with seven key customers that will primarily serveEuropean markets. "Our customers continue to expect robust growth in the market forsolar electricity in Europe next year," said Stephan Hansen, managingdirector of First Solar’s [...]
Recent News Lifts Hopes of First Solar Investors $FSLR
After solar stocks soared in September, expectations are riding high for solar companies to carry theirearnings momentum from the second quarter’s reports into the thirdquarter’s reports. First Solar (FSLR) made a big step in the rightdirection by announcing that it received an additional 380 Megawatt in orders from existing customers for delivery in 2011. FSLR [...]
Should First Solar Give Up on China? $FSLR
David Phillips of 10Q Detective wrote up a great piece on why First Solar (FSLR) should abandon itsChina strategy. The US solar behemoth made headlines a year ago when it announced it would work with the China government and local businessesto develop a massive 2GW solar farm to power up to 3 million homes. Phillips [...]
First Solar Breakout! $FSLR
Two weeks ago, I first noted an impressive “stealth” rally in some solar stocks like SOL, LDK, and JASO. At the time, First Solar (FSLR) was flat on the year, but it still made the list because this flat performance was out-performing the generalmarket. I also noted that FSLR was due for a pullback given [...]
Credit Suisse Reiterates Buy Rating On First Solar $FSLR
According to Barrons, Credit Suisse is reiterating its Buy rating and lifting the pricetarget on First Solar (FSLR) from $150 to $160 after the companyreceived approved from LA Country yesterday to proceed on the 230MWAntelope Valley project. The firm notes that FSLR will have at leasttwo shovel ready projects totaling 600MW by October which willcontribute [...]
Can New PV Technology Dethrone First Solar? $FSLR
As we watch First Solar lower their industry-leading costs from $0.81 per watt in Q1 to $0.76 per watt in Q2, we get a clearer picture of their cost trajectory. First Solar’sroadmap sees their costs dropping another 20 percent to 30 percent by2014. They also envision their efficiencies climbing to 14 percent from today’s 11.1 [...]