First Solar, Inc. (FSLR34)

Overview

First Solar, Inc. stands as a pivotal solar technology enterprise operating on a global scale, including in the United States, France, Japan, Chile, and beyond. Initially established in 1999 and formerly known as First Solar Holdings, Inc., the company underwent a rebranding to its current name in 2006, and is strategically positioned with its headquarters in Tempe, Arizona. As a trailblazer in the solar energy sector, First Solar, Inc. is dedicated to delivering advanced photovoltaic (PV) solar energy solutions. The company’s innovative approach leverages thin film semiconductor technology to manufacture and sell PV solar modules, offering a sustainable, lower-carbon alternative to the conventional crystalline silicon PV modules. Through its comprehensive suite of services, First Solar addresses the needs of a diverse clientele, including developers and operators of systems, utilities, independent power producers, and commercial and industrial companies.

Products and Services

• Manufacture and Sale of PV Solar Modules:

  First Solar specializes in the production and sale of photovoltaic solar modules, utilizing a proprietary thin film semiconductor technology. This innovative approach not only differentiates their products in the market but also contributes to the reduction of carbon footprints compared to traditional crystalline silicon solar modules.

• Cadmium Telluride Solar Modules:

  The company has pioneered the design, manufacture, and sale of solar modules that utilize cadmium telluride to convert sunlight into electricity. This technology underscores First Solar's commitment to leveraging advanced materials and methodologies to enhance the efficiency and environmental performance of solar energy solutions.

• Project Development Activities:

  Beyond manufacturing, First Solar engages in project development activities aimed at creating comprehensive solar energy solutions. This encompasses a range of services from initial project planning and design to the actual implementation and commissioning of solar installations.

• Operations and Maintenance Services:

  To ensure the optimal performance and longevity of solar installations, First Solar offers specialized operations and maintenance services. These services are designed to support system owners by providing regular maintenance, troubleshooting, and performance optimization throughout the lifetime of the solar energy systems.

• Sale of PV Solar Power Systems:

  First Solar also caters to third-party customers by offering the sale of complete photovoltaic solar power systems. This allows developers, utilities, and various commercial entities to deploy solar energy solutions tailored to their specific needs and objectives, supported by First Solar's expertise and technology.