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First Solar

11 June 2012 23:07, by Dennis

Everything that has been discussed and added here is correct in my eyes. Established ways of supplying energy to the world are afraid that money might go elsewhere if alternative energy sources like solar energy are widely successful. A lot is being done to postpone this inevitable future where sustainable and environmentally friendly energy can be produced.
The main problem of this industry, and also First Solar, as news and broadcast indicate, is rooted in the finance department of each alternative energy generating company. Subsidies are being cut back in an effort to make the (...)

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Location: Tempe (United States of America, Arizona)

Sector: Electricity, gas, steam and air conditioning supply

Official website: http://www.firstsolar.com

Key figures:

(1) Annual manufacturing capacity of in excess of 1.5 gigawatt and announced capacity in excess of 2.3GW by the end of 2011

(2) Produced over 57 million solar modules that generate over 4GW of power

(3) Over 3GW of module contracts in Europe and 2.4GW of utility scale solar system Power Purchase Agreements and RESOP in North America.

(4) Achieved the lowest manufacturing cost per watt in the industry, breaking $1 per watt in 2008

(5) Launched IPO on November 17, 2006.Common stock is traded on the NASDAQ Stock Market under the symbol FSLR

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