First Solar, Inc. (FSLR) recently launched its $700 million facility in Tamil Nadu, India, marking the country’s first fully vertically integrated solar manufacturing plant.The facility has an annual capacity of 3.3 gigawatts (GW) and employs around 1,000 people. It produces First Solar’s Series 7 photovoltaic (PV) solar modules, which were developed in the United States and optimized for the Indian market.Significance of the FacilityThe manufacturing plant houses India’s first solar PV recycling plant, whi ...

First Solar inaugurated its new facility in Tamil Nadu, India, the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, Dr T R B Rajaa, the United States Ambassador to India, Eric Garcetti, and Scott Nathan, Chief Executive Officer of the US International Development Finance Corporation (DFC) inaugurated the facility at a ceremony today. (Photo: Business Wire)First Solar inaugurated its new facility in Ta ...

First Solar (FSLR) closed the most recent trading day at $166.13, moving -0.44% from the previous trading session. This change lagged the S&P 500's 1.41% gain on the day. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 2.2%.Shares of the largest U.S. solar company have appreciated by 14.78% over the course of the past month, outperforming the Oils-Energy sector's gain of 3.47% and the S&P 500's gain of 2.9%.The upcoming earnings release of First Solar w ...

With the political and ideological winds pushing for increased sustainability, the concept of green stocks have jumped to the forefront. And don’t worry, this isn’t about tree hugging for its own sake (though you can do that if you wish). Rather, going the sustainable route can be quite profitable.According to McKinsey & Company, a growing body of evidence indicates that go-green initiatives can help foster profits and business opportunities. It makes sense when you think about it. Again, sustainability isn ...

kamisoka The technology sector (XLK) reckoning has arrived as we started 2024's first trading week. What seemed like a nearly perfect December 2023 market outperformance has hit the late buyers hard. The retail FOMO fever hit a top in late December, as investors who failed to add exposure when Wall Street was highly pessimistic likely felt compelled to join in. Small Speculators index position (Sundial Capital) As a result, we recorded a significantly high level of optimism among what is classified as "smal ...

First Solar (FSLR) closed the latest trading day at $166.31, indicating a -0.66% change from the previous session's end. The stock fell short of the S&P 500, which registered a loss of 0.34% for the day. On the other hand, the Dow registered a gain of 0.03%, and the technology-centric Nasdaq decreased by 0.56%.Coming into today, shares of the largest U.S. solar company had gained 15.23% in the past month. In that same time, the Oils-Energy sector gained 2.1%, while the S&P 500 gained 2.56%.The investment co ...

TEMPE, Ariz. & CHENNAI, India--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) today announced that it has entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil Nadu, India, supplying approximately 7.3 gigawatt-hours (GWh) of clean electric ...

BRAZIL - 2022/08/19: In this photo illustration, the First Solar logo is displayed on a smartphone ... [+] screen. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesFirst Solar FSLR had a relatively mixed 2023. While the stock gained about 15% over the year, it has underperformed the broader S&P 500, which remains up by 24% for the year. Renewable energy stocks in general have been hurt by rising interest rates, which have made project fi ...

First Solar Q3'23 Earnings Call October 31, 2023 | Important Information Cautionary Note Regarding Forward Looking Statements This presentation contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this presentation, other than statements of historical fact, are forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning: demand for our technology ...

First Solar, Inc. (NASDAQ:FSLR) Q3 2023 Earnings Conference Call October 31, 2023 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Philip Shen - Roth MKM Alexander Vrabel - Bank of America Joseph Osha - Guggenheim Vikram Bagri - Citi Colin Rusch - Oppenheimer & Co. Inc. Ben Kallo - Robert W. Baird Andrew Percoco - Morgan Stanley Operator Hello. Good afternoon, everyone, and welcome to ...