First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
Thin film: First Solar is moving to a much larger format for its Series 6 modules, which are due to begin production next year. Is this the signal that the thin film industry has been looking for to move to larger formats?
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
A little more than a week after commissioning the first solar plant built on tribal lands, First Solar completed the sale of the project to Capital Dynamics.
The Moapa Southern Paiute Solar Project is the first of four planned by First Solar in partnership with tribes in the Las Vegas area.
IHS Markit’s latest assessment of U.S. solar contractors finds that Blattner outpaced First Solar to take the top spot in 2016.
The company took a significant hit in its Q4 results due to restructuring and impairments, as it shuts down lines and orders tools for the transition to its Series 6 modules.
The U.S. thin film manufacturer has expanded its development center in Santa Clara, California, and acquired production equipment from First Solar and Bloo Solar.
The joint First Solar/SunPower yieldco reported strong results, including acquiring shares of the Henrietta and Stateline projects.
The latest round of financing brings the total raised in 2016 to $165 million, which allows the company to pursue an aggressive growth strategy moving forward.
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