First Solar Connects Luz del Norte to Chilean Central Grid
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First Solar (FSLR) Reported a Strong EPS Beat in 3Q; Baird Reiterates Outperform
October 30, 2015 7:59 AM EDTBaird reiterated an Outperform rating and $69.00 Price Target on First Solar (NASDAQ: FSLR) following the company's 3Q earnings results. FSLR reported record revenue of $1.27B vs. consensus estimates of $1.11B. Non-GAAP EPS was $3.38 vs. $1.64 consensus. FSLR guided to 2015 sales of $3.5B to $3.6B and EPS... More
First Solar (FSLR) Sells Majority Interest in Desert Stateline Project; Needham & Company Reiterates Buy
October 30, 2015 6:51 AM EDTNeedham & Company reiterated a Buy rating and $70.00 price target on First Solar (NASDAQ: FSLR) following the company's 3Q results and interest sale in the Desert Stateline project. Revenue and EPS of $1.271B and $3.38 was well ahead of the Street's $1.1B and $1.50, as FSLR sold... More
First Solar (FSLR) Announces Connection of First Two Luz del Norte Project Blocks
October 28, 2015 1:57 PM EDTThe first two blocks of First Solar, Inc.s (Nasdaq: FSLR) Luz del Norte solar project have been connected to the Chilean central grid, the company announced today. The interconnect includes approximately half of the projects total 141 megawatt (MW) capacity.
This exciting milestone is proof of how utility-scale solar is a viable energy alternative for Chile right now, said Cristian Sjogren, First Solars Chile country manager. Luz del Norte harnesses one of the regions richest resources, allowing Chile to reduce dependence on fossil-based fuels and meet renewable energy targets set by the national Energy... More
