FSLR
NASDAQ
Semiconductors
$248.64
USD
-$4.42 (-1.75%)
Last close
Market Cap:
$26.69B
Volume:
1.1M
Previous Close
$253.06
Day Range
$242.50 - $255.00
52 Week Range
$142.84 - $320.95
Average Volume (10 Days)
2.2M
P/E Ratio
17.46
Dividend Yield
0.00%
First Solar, Inc. is a solar technology company, which engages in the provision of solar modules. The company is headquartered in Phoenix, Arizona and currently employs 7,900 full-time employees. The company went IPO on 2006-11-17. The company is focused on enabling power generation needs with its advanced, thin film PV technology. The firm's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The firm's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 464 watts and 532 watts, respectively.
CEO
Mr. Mark Widmar
Headquaters
Phoenix, ARIZONA, US
Founded
2006
Employees
7,900
Chinese clean technology companies have cancelled or delayed over $2.8 billion in planned US manufacturing investments, representing more than half of projects announced since 2022. The retreat follows policy changes that restrict tax credit eligibility for firms with ties to 'foreign entities of concern' and the rollback of Biden-era clean energy incentives.
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Chinese clean technology companies have canceled, paused, or delayed over $2.8 billion in planned US manufacturing investments, with more than half of projects announced since 2022 now on hold. The retreat follows policy changes under the One Big Beautiful Bill Act that restrict tax credit eligibility for foreign-owned facilities, particularly those with ties to China. Jinko Solar's recent sale of its Florida facility exemplifies the challenges facing Chinese solar manufacturers in an increasingly restrictive regulatory environment.
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First Solar's Chief Marketing Officer Verma sold $120,000 worth of company shares in a routine insider transaction. This comes as analysts have recently adjusted price targets downward amid concerns over inflationary logistics costs and margin pressures.
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First Solar's Chief Marketing Officer sold $120,000 worth of company shares in a disclosed insider transaction. The sale comes as analysts have recently adjusted price targets for the solar manufacturer amid broader sector headwinds including inflationary pressures and logistics concerns.
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