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    First Solar Inc. (Pgt1)

    America's leading solar technology manufacturer producing advanced thin-film photovoltaic modules with comprehensive end-of-life recycling capabilities and sustainable manufacturing practices.

    Company Overview

    First Solar, Inc. is a publicly traded American solar technology company and the largest photovoltaic module manufacturer headquartered in the United States. The company specializes in cadmium telluride thin-film solar panel technology and operates multiple manufacturing facilities across the United States, with additional operations in Malaysia, Vietnam, and India. First Solar provides comprehensive solar solutions including module manufacturing, utility-scale system development, and pioneering end-of-life panel recycling services.

    Key Metrics

    450

    Import Shipments

    6

    Distribution Centers

    3.5B

    Annual Revenue

    1999

    Founded

    Company Profile

    Key Milestones

    Important company milestones and achievements.

    Markets Served

    Geographic markets and customer segments served.

    Ownership Structure

    Corporate ownership and organizational structure.

    Sales Channels

    Distribution networks and sales approaches.

    Recent Developments

    First Solar continues expanding domestic manufacturing capacity with new facilities in Alabama and Louisiana while leveraging federal clean energy incentives to strengthen its position as America's leading solar technology manufacturer.

    Strategic Expansion

    Commissioned $1.1 billion Alabama manufacturing facility in September 2024, Adding 3.5 gigawatt Louisiana production facility expected online late 2025, Successfully monetized $857 million in Inflation Reduction Act tax credits in February 2025, Acquired Evolar perovskite technology company for $38 million to enhance next-generation solar capabilities

    Market Expansion

    Strategic efforts to expand market presence and reach new customer segments.

    Technology Adoption

    Implementation of advanced technologies to improve service delivery and customer experience.

    Business Information

    First Solar develops and manufactures advanced thin-film photovoltaic solar modules using cadmium telluride semiconductor technology at facilities in Ohio, Alabama, and Louisiana, with international operations in Southeast Asia. The company serves utility-scale solar power generation markets worldwide, focusing on large-scale renewable energy projects that compete economically with fossil fuel generation. First Solar maintains research and development centers in California and Ohio where it continuously advances solar cell efficiency and manufacturing processes. The company distinguishes itself through vertical integration, sustainable manufacturing practices, and comprehensive module recycling programs at each manufacturing facility.

    Headquarters

    Tempe, Arizona, United States

    Founded

    1999

    Stock Symbol

    FSLR