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First Solar

Lowering the costs of solar electricity

Business Overview

To create enduring value by enabling a world powered by clean, affordable solar electricity.
Number of employees: 1500
Stock quote: FSLR
Category: Manufacturer
Website
Company blog
350 West Washington Street
Tempe, Arizona, 85281-1244
United States
Telephone: 602 414 9300
Fax: 602 414 9400

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This goal has driven First Solar to become one of the fastest growing manufacturers of solar modules in the world. First Solar FS Series 2 PV Modules represent the latest advancements in solar module technology, and are rapidly driving the cost of solar electricity to rates comparable with traditional fossil fuel-based energy sources. 


The First Solar Corporate Mission  

To create enduring value by enabling a world powered by clean, affordable solar electricity.


* First Solar was formed in 1999 and launched production of commercial products in 2002

* First Solar has achieved the lowest manufacturing cost per watt in the industry, $.98/watt for the fourth quarter of 2008, breaking the $1 per watt price barrier

* First Solar is the largest manufacturer of thin film solar modules, having expanded manufacturing capacity to an expected 735 MW in 2008; and with additional plants under construction, First Solar will bring total expected capacity to more than 1 GW by the end of 2009 (see chart on right)

* First Solar developed the first pre-funded module collection and recycling program in the PV industry

* First Solar’s IPO took place on November 17, 2006; Common stock is traded on the NASDAQ Stock Market under the symbol FSLR