First Solar Inc - Company Profile

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First Solar Inc (First Solar) is a provider of solar photovoltaic (PV) systems. It designs, manufactures and sells PV solar modules. The company produces solar systems using cadmium telluride (CdTe) technology. First Solar also offers solar PV power systems, and operational and maintenance services to system owners. Its proprietary, vertically integrated process converts glass sheets into solar panels. The company serves utilities, commercial and industrial companies, independent power producers, and other system owners in Asia Pacific, Europe, the Middle East, Africa and North America. The company has solar module manufacturing facilities in the US, Malaysia, and Vietnam. First Solar is headquartered in Tempe, Arizona, the US.

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Headquarters United States of America

Address 350 West Washington Street, Suite 600, Tempe, Arizona, 85288


Telephone 1 602 4149300

No of Employees 6,700

Industry Alternative Energy

Ticker Symbol & Exchange FSLR (NASD)

Revenue (2022) $3.3B 26.7% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 1981% (2022 vs 2021)

Market Cap* $18.5B

Net Profit Margin (2022) XYZ 1,581.1% (2022 vs 2021)

* As of and is in US$
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First Solar Inc premium industry data and analytics

200+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for First Solar Inc.

3

Energy Storage Projects

Understand the energy storage landscape for First Solar Inc, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for First Solar Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on First Solar Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Solar Systems Project Development
Solar Modules EPC Services
Energy Storage Solutions Operation and Maintenance
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In February, the company entered into an agreement with SolAmerica Energy to provide 205 megawatts (MW)DC of Series 6 Plus and Series 7 thin film solar modules.
2024 Contracts/Agreements In January, First Solar entered into a 15-year, captive Power Purchase Agreement with Cleantech Solar, under this agreement, Cleantech Solar will undertake the construction of 150 megawatts of photovoltaic solar and 16.8 MW of wind-generating assets in Tamil Nadu, India.
2024 Corporate Changes/Expansions In January, the company opened its new solar manufacturing facility in Tamil Nadu, India.
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Competitor Comparison

Key Parameters First Solar Inc JinkoSolar Holding Co Ltd Trina Solar Co Ltd Canadian Solar Inc GCL Technology Holdings Ltd
Headquarters United States of America China China Canada Hong Kong
City Tempe Shangrao Changzhou Guelph Hong Kong
State/Province Arizona Jiangxi Jiangsu Ontario -
No. of Employees 6,700 46,511 23,077 18,423 12,446
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Mark R. Widmar Director; Chief Executive Officer Executive Board 2016 57
Alexander R. Bradley Chief Financial Officer Senior Management 2016 41
Markus Gloeckler Chief Technology Officer Senior Management 2020 49
Patrick Buehler Chief Product Officer Senior Management 2022 45
Caroline Stockdale Chief People and Communications Officer Senior Management 2020 59
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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