Shares of Silvercorp Metals Inc. (NYSE:SVM) climbed 6.90% during the pre-market trading session on Tuesday, after silver extended its rally and spot price crossed the $95 mark. Other silver miners, Hecla Mining Company (NYSE:HL) , which owns the Greens Creek Mine in Alaska, also experienced a 6.56% increase, while First Majestic Silver Corp. (NYSE:AG) and Endeavour Silver Corp. (NYSE:EXK) were up 5.5% and 4.5% respectively.Precious Metals Jump On Political UncertaintyThe surge in silver and gold prices come ...

Core Thesis - First Solar, Inc. is positioned favorably in the solar energy market, with a focus on utility-scale solar solutions and a strong economic model driven by manufacturing tax credits rather than residential solar incentives [3][4]. Company Overview - First Solar, Inc. provides photovoltaic (PV) solar energy solutions globally, utilizing thin film semiconductor technology for its solar modules, which offers a lower-carbon alternative to traditional crystalline silicon modules [2]. Market Positioning - The company is primarily focused on utility-scale solar projects, where the long-term cost per kilowatt hour is more critical than the initial price per watt, especially as demand shifts towards large-scale projects in hotter regions [4]. - First Solar's cadmium telluride technology outperforms traditional silicon panels in high-temperature environments, generating 5% to 10% more energy annually, leading to a superior levelized cost of energy over decades [4]. Competitive Advantages - First Solar benefits from a lack of exposure to polysilicon supply chains, which are concentrated in China and face regulatory challenges, enhancing its cost and regulatory advantages [6]. - The company's closed-loop recycling program recovers over 90% of semiconductor materials, further reinforcing its competitive position [6]. Future Outlook - The acquisition of Evolar and ongoing tandem perovskite pilots indicate a promising path toward higher efficiency in future panels [7]. - With a backlog sold out through 2029 and strong margins, First Solar is well-positioned to capitalize on the growing demand for utility-scale solar deployment, even as commodity panel prices decline across the industry [7].

Core Insights - The narrative of silver being a secondary asset to gold has collapsed, with silver reaching a significant price point of over $100 for a one-ounce American Silver Eagle [1] Group 1: Silver Market Performance - Silver has surged nearly 200% over the past 12 months, rising from approximately $30 to over $88 per ounce [2] - The iShares Silver Trust (NYSE:SLV) has gained 43% in the last month, while silver mining companies like First Majestic Silver Corp. (NYSE:AG) and Pan American Silver Corp. (NYSE:PAAS) have also seen significant price increases [2] Group 2: Retail Investor Influence - The "silver squeeze" movement, driven by retail investors on platforms like X and Reddit, has successfully drained retail inventories, leading to increased demand for physical silver [3] - This current iteration of the silver squeeze is characterized by substantial physical drawdowns, unlike the previous attempt in 2021 [3] Group 3: Industrial Demand and Supply Constraints - Silver's role in technology, particularly in AI and solar sectors, is a major driver of its price rally, as it is essential for conductivity in high-tech applications [4][5] - The world is facing a structural supply deficit for silver, exacerbated by new export restrictions from China, which could lead to a widening shortage of physical silver [4]

Core Viewpoint - The narrative of silver being a secondary asset to gold has collapsed, with silver reaching unprecedented price levels and significant market movements indicating a shift in investor perception [1]. Group 1: Silver Market Performance - Silver has surged nearly 200% over the past 12 months, rising from approximately $30 to over $88 per ounce [2]. - The iShares Silver Trust (NYSE:SLV) has gained 43% in the last month, reflecting strong investor interest [2]. - Silver mining companies, such as First Majestic Silver Corp. (NYSE:AG) and Pan American Silver Corp. (NYSE:PAAS), have also seen significant price increases [2]. Group 2: Retail Investor Dynamics - The "silver squeeze" movement, driven by retail investors on platforms like X and Reddit, has successfully drained retail inventories [3]. - This current iteration of the silver squeeze is characterized by substantial physical drawdowns, with investors demanding physical delivery, leading to increased premiums [3]. Group 3: Industrial Demand and Supply Constraints - Silver's role in technology, particularly in AI and solar sectors, is a major driver of its price rally, as it is essential for conductivity in high-tech applications [4][5]. - The world is facing a structural supply deficit for silver, which has persisted for six consecutive years, exacerbated by new export restrictions from China [4]. - The increasing demand for photovoltaic technology as nations pursue green energy targets is contributing to the tightening supply of physical silver [5].

Core Viewpoint - First Solar (FSLR), once a leader in the solar energy sector, is currently facing significant challenges, leading to a decline in its market perception and performance [1]. Company Overview - First Solar is a solar technology company that provides photovoltaic (PV) solar energy solutions across various countries, including the United States, France, India, and Chile. The company specializes in manufacturing PV solar modules using thin film semiconductor technology, which offers a lower-carbon alternative to traditional crystalline silicon PV modules [2]. Analyst Expectations - The stock of First Solar is currently rated as a Zacks Rank 5 (Strong Sell). This unfavorable ranking is primarily due to a reduction in growth expectations, with twelve analysts lowering their forecasts for the current year and eleven doing so for the following year [3].

Core Viewpoint - JinkoSolar reported a challenging first quarter of 2025, with significant declines in revenue and profitability due to low module prices and disruptions in demand from international trade policy changes, resulting in a net loss of US$181.7 million [4][30]. Financial Performance - Total revenues for Q1 2025 were RMB13.84 billion (US$1.91 billion), down 33.0% sequentially and 39.9% year-over-year [11]. - Gross loss was RMB352.9 million (US$48.6 million), compared to a gross profit of RMB2.74 billion in Q1 2024 [12]. - Net loss attributable to ordinary shareholders was RMB1.32 billion (US$181.7 million), a significant increase from a net income of RMB609.4 million in Q1 2024 [30]. - Basic and diluted losses per ordinary share were RMB6.40 (US$0.88) [32]. Operational Highlights - Module shipments reached 17.5 GW, ranking first in the industry, with total shipments of 19,130 MW [6][35]. - The company became the first module manufacturer to deliver over 320 GW of solar modules globally [6]. - The order book visibility for 2025 is currently at 60% to 70%, with certain regions exceeding 80% [7]. Market Dynamics - New installations in China for Q1 2025 amounted to 59.7 GW, a 31% increase year-over-year, indicating resilience in domestic demand [5]. - Average monthly bidding prices for solar modules in China have started to recover, returning to more rational levels [5]. Research and Development - The N-type TOPCon-based perovskite tandem solar cell achieved a record conversion efficiency of 34.22% [6][8]. - The company expects its annual production capacity for mono wafers, solar cells, and solar modules to reach 120.0 GW, 95.0 GW, and 130.0 GW, respectively, by the end of 2025 [10][38]. Energy Storage Developments - Shipments of energy storage systems exceeded 300 MWh in Q1 2025, with expectations of around 6 GWh for the full year [9]. - Confirmed orders for energy storage systems account for 50% to 60%, with an additional 20% to 30% showing strong potential for signing [9].

As filed with the Securities and Exchange Commission on April 9, 2024 Registration No. 333-277070 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 To FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Ascent Solar Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 36741 20-3672603 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...

As filed with the Securities and Exchange Commission on April 5, 2024 Registration No. 333-277070 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 To FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Ascent Solar Technologies, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 36741 20-3672603 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identifi ...

As filed with the Securities and Exchange Commission on August 25, 2023 Registration No. 333-______ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Jin Jo Ascent Solar Technologies, Inc. 12300 Grant Street Thornton, Colorado 80241 (720) 872-5000 (Name, address, including zip code, and telephone number, including area code, of agent for service) Copies to: FORM S-1 REG ...