First Solar (FSLR)

Frequently Asked Questions About First Solar (FSLR)

How can investors contact First Solar?

Investors interested in contacting First Solar can find pertinent information on the company's investor relations website. This platform provides financial reports, shareholder services, and updates on corporate governance and performance. Additionally, inquiries can be directed to First Solar's investor relations team via email or phone for specific questions regarding their investments or the firm's operational strategies.

How does First Solar contribute to job creation?

First Solar plays a significant role in job creation, particularly in the renewable energy sector. Its manufacturing facilities, project development teams, and operational service teams contribute thousands of jobs in various regions. The company also supports local economies by engaging local contractors and workers for its solar projects, thereby fostering sustainable job opportunities as the demand for renewable energy continues to grow.

How does First Solar view the future of solar energy?

First Solar sees a bright future for solar energy, with expectations of significant growth in the coming years as countries and companies transition to cleaner energy sources to combat climate change. The company believes that technological advancements, favorable policy drivers, and increased public awareness will contribute to a rising demand for solar energy. First Solar is committed to playing a leading role in this transition, continuously advancing its innovations and expanding its capacity to meet a growing global appetite for renewable energy.

How does First Solar's solar technology compare to conventional technologies?

First Solar's solar technology, based on cadmium telluride (CdTe), offers several advantages over conventional silicon-based solar technologies. CdTe modules typically have a lower cost of production, resulting in competitive pricing. Additionally, CdTe technology is known for its performance in low-light conditions and heat resistance, providing an edge in diverse climate scenarios. As a result, First Solar's panels can deliver higher energy yields per land area compared to traditional silicon alternatives.

Is First Solar publicly traded?

Yes, First Solar is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol 'FSLR'. The company went public in 2006, allowing investors to participate in the company's growth and investment in renewable energy. Being publicly traded also requires First Solar to adhere to strict regulations and reporting standards set by the SEC.

What are First Solar's goals for the future?

First Solar's goals for the future include further expanding its production capacity, innovating new solar technologies, and driving down the cost of solar energy to make it accessible for more users globally. The company also aims to strengthen its leadership in the sustainable energy market while maintaining a commitment to environmental responsibility. Overall, First Solar seeks to harness its expertise to contribute to a cleaner, sustainable energy landscape worldwide.

What awards and recognitions has First Solar received?

First Solar has received numerous awards and recognitions for its commitment to sustainable energy and technological innovation. These accolades include industry awards for manufacturing excellence, corporate social responsibility, and environmental stewardship. The esteemed rankings and recognitions acknowledge First Solar's role as a pioneer in the solar energy sector and reinforce its dedication to delivering environmentally-friendly solutions.

What does First Solar do?

First Solar, Inc. is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions. The company designs, manufactures, and sells solar panels, primarily focused on cadmium telluride (CdTe) technology, which offers a more efficient and sustainable alternative to traditional silicon-based solar systems. In addition to manufacturing, First Solar also develops, operates, and maintains utility-scale renewable energy projects, thus significantly contributing to the transition towards sustainable energy.

What financial performance has First Solar achieved?

First Solar has demonstrated strong financial performance over the years, characterized by steady revenue growth and profitability. The company benefits from its position as a cost leader in solar manufacturing, with a focus on operational efficiency and strategic project development. First Solar's financial results are also bolstered by growing demand for renewable energy solutions globally, allowing it to invest further in innovation and expansion.

What is First Solar's approach to utility-scale solar projects?

First Solar takes a comprehensive approach to utility-scale solar projects by engaging in every phase of project development, including site selection, engineering, permitting, and construction. The company also provides long-term operations and maintenance services for its projects, ensuring optimal performance and reliability. This all-inclusive strategy positions First Solar as a trusted partner for utilities and developers aiming to integrate renewable energy into their portfolios.

What is First Solar's main product?

The main product of First Solar is its thin-film solar photovoltaic (PV) modules, which are primarily based on cadmium telluride (CdTe) technology. These modules are designed for high efficiency, long-term reliability, and minimal environmental impact. First Solar’s modules are used in large-scale solar projects around the world, providing sustainable energy solutions that help reduce reliance on fossil fuels.

What is First Solar's strategy for innovation?

First Solar's strategy for innovation focuses on investing in research and development to improve the efficiency and sustainability of its solar technologies. The company prioritizes technological advancements in solar energy conversion, module durability, and manufacturing processes. These efforts are driven by a commitment to reduce costs and enhance the performance of solar solutions, thereby accelerating the global transition to renewable energy.

What is the lifecycle impact of First Solar's products?

First Solar's commitment to sustainability extends throughout the lifecycle of its products, from manufacturing to disposal. The company focuses on minimizing energy inputs and greenhouse gas emissions during production. Furthermore, First Solar implements recycling programs that allow old solar panels to be processed and reused, ensuring a circular economy approach. Studies indicate that First Solar modules have a lower net lifecycle impact compared to conventional panel technologies, contributing to a greener future.

What partnerships does First Solar have?

First Solar collaborates with a variety of partners, including utilities, developers, and research institutions, to advance solar energy technology and deployment. These partnerships often involve joint ventures for large-scale solar projects, research funded by governmental and environmental organizations, and collaborations aimed at enhancing manufacturing processes. By forming strategic alliances, First Solar can leverage shared expertise and resources to drive innovations in solar energy solutions.

What regions does First Solar operate in?

First Solar operates globally, with production facilities and projects spanning across North America, Europe, Asia, and the Middle East. By focusing on key markets where renewable energy adoption is growing, First Solar can efficiently supply solar solutions and capitalize on local partnerships. This global reach supports its mission of providing affordable solar energy worldwide.

What sustainability initiatives does First Solar have?

First Solar is committed to sustainability and has implemented several initiatives aimed at reducing its environmental impact. These initiatives include responsible sourcing of raw materials, energy-efficient manufacturing processes, and the recycling of solar panels at the end of their life cycle. Additionally, First Solar engages in renewable energy projects that support community development and contribute to a more sustainable energy grid.

What technology does First Solar use in its solar panels?

First Solar utilizes cadmium telluride (CdTe) technology in its solar panels. CdTe is a type of thin-film solar technology that provides superior efficiency and lower materials costs compared to traditional silicon-based panels. The advantages of CdTe solar modules include lower energy payback times and reduced usage of excessive raw materials, contributing to a lower carbon footprint in solar energy production.

When was First Solar founded?

First Solar was founded in 1999 by Dr. Harold McMaster. With the goal of bringing affordable solar technology to the market, the company quickly grew to become one of the largest manufacturers of solar panels in the world. Through innovation and a commitment to sustainability, First Solar has established itself as a leader in the solar energy industry.

Where is First Solar headquartered?

First Solar is headquartered in Tempe, Arizona, USA. This location serves as the central hub for the company's operations, including research and development, manufacturing, and corporate services. Tempe's strategic position allows First Solar to leverage its proximity to key solar energy markets and technology partners.

What is the current price of First Solar?

The current price of First Solar is 135.06

When was First Solar last traded?

The last trade of First Solar was at 11:47 am EDT on April 3rd, 2025

What is the market capitalization of First Solar?

The market capitalization of First Solar is 14.36B

How many shares of First Solar are outstanding?

First Solar has 106.32M shares outstanding.