First Solar (FSLR) Reported a Strong EPS Beat in 3Q; Baird Reiterates Outperform

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First Solar, Inc. Announces Preliminary Third Quarter 2015 Financial Results

October 29, 2015 4:05 PM EDT

Record Quarterly Net sales of $1.3 billion Preliminary Quarterly GAAP earnings per fully diluted share of $3.38 Cash and marketable securities of $1.8 billion, net cash of $1.5 billion Raise preliminary 2015 EPS guidance to $4.30 to $4.50 Record 1.7GWdc of new bookings; Record annual bookings of 3.1GWdc year-to-date

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) today announced preliminary financial results for the third quarter of... More

First Solar, Strata Sign 400MW Deal for 2017-18 Module Deliveries

October 29, 2015 2:23 PM EDT

Strata tops 1GW of business with First Solar

Projects in development demonstrate confidence in US utility-scale market

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) has signed an agreement with Strata Solar for the procurement of an incremental 400 megawatts (MW)DC of First Solars advanced thin film photovoltaic modules, with delivery expected from 2017 into 2018.

With this agreement, Strata one of the top utility-scale solar project developers and builders in the United States will have purchased more than 1,000 MWDC from First Solar in a long-standing relationship between the... More

First Solar and SMUD Sign Rancho Seco 10.8MW Power Purchase Agreement

October 29, 2015 8:02 AM EDT

Project will be sited adjacent to decommissioned nuclear plant

Golden 1 Center to receive power through SMUDs SolarShares program

TEMPE, Ariz.--(BUSINESS WIRE)-- First Solar, Inc. (NASDAQ: FSLR) and the Sacramento Municipal Utility District (SMUD) have announced the formal execution of a power purchase agreement (PPA) for offtake of a 10.8 megawatt solar project to be built on the site of the decommissioned Rancho Seco Nuclear Generation Station.

The Rancho Seco Solar Project will annually generate more than 22,000 MWh of clean, renewable energy, which will be offered to SMUD business... More

First Solar, Austin Energy Ink 119MW Power Purchase Agreement

October 29, 2015 8:00 AM EDT

A significant contribution to Austin Energys aggressive solar goals

Electricity to come from First Solars East Pecos Solar Project

HOUSTON--(BUSINESS WIRE)-- First Solar, Inc. (Nasdaq: FSLR) and Austin Energy announced today that they have signed a power purchase agreement allowing the municipally owned electricity provider to obtain low-cost solar power generated by First Solars 119 megawatt AC East Pecos Solar Project.

Austin Energy General Manager Larry Weis said the partnership will directly benefit the citizens of Austin as well as the entire state of Texas as... More

First Solar Connects Luz del Norte to Chilean Central Grid

October 28, 2015 1:56 PM EDT

Company is expanding presence in Chile, pursuing partnerships

COPIAPÓ, Chile--(BUSINESS WIRE)-- The 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... More