First Solar, Inc. Scaling to New Heights - A New Report

Navi Mumbai, India (PressExposure) April 02, 2009 -- A new report "First Solar Inc Solar Photovoltaic PV Market Analysis" ([]) provides various aspects of solar energy industry and also provides insights into its potential expansion in the years ahead.

The US is the dominant Solar PV market in the world with remarkable growth observed during the period 2001-08. The market has grown from 168 MW in 2001 to around 1,111 MW by the end of 2008. The unprecedented growth witnessed by this market is credited to the supportive policy framework of the country for the Solar PV technology in collaboration with high-end solar investments by major companies like First Solar, Inc.; GE Energy and Solar World AG.

Frst Solar, Inc., a leading thin-film module manufacturer in the US has made a mark for itself in the US Solar Photovoltaic (PV) Market. The company was incorporated in 1999 with headquarters in Phoenix, the US. The common stock of the company is traded on the NASDAQ Stock Market under the symbol FSLR. The company’s modules utilize a thin layer of cadmium telluride semiconductor material for the purpose of converting sunlight into electricity. First Solar’s expertise of manufacturing low cost thin-film solar modules without the use of crystalline silicon has given the company a competitive edge in the solar module market. This is indicative from its latest fourth quarter results wherein the company announced the reduction in the manufacturing cost for solar modules to 98 cents per watt, breaking the $1 per watt price barrier. According to the statement of Mike Ahearn, First Solar Chief Executive Officer, this achievement of the company marks a milestone in the solar industry’s evolution toward providing truly sustainable energy solutions. By providing clean and cost-effective solar energy source, First Solar offers an economic and environmentally responsible alternative to the existing fossil-fuel electric generation.  

Scope • Details the company’s installations across the leading countries globally • Company’s market share across the leading countries globally • Information on the company’s current and upcoming solar parks including the information on the owners, total capacity and modules/systems installed • Critical analysis of First Solar, Inc.’s strengths, weaknesses opportunities and threats and positioning on the value chain. • Provides summary analysis of key revenue lines and strategy. • Details on First Solar, Inc.’s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement. • Product and brand updates, strategy changes, financial events. • Latest mergers and acquisitions, partnerships or financings of First Solar, Inc. including debt, equity or venture finance. For vast range of market reports you can visit: []

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Press Release Submitted On: March 30, 2009 at 2:17 am
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