MUNICH, Germany--May 29 2009 -First Solar, Inc. (Nasdaq: FSLR) and Pfalzsolar, GmbH, a fast-growing German solar project developer owned by Pfalzwerke AG, a public utility in the state of Rhineland-Palatinate, today announced the signing of a new long-term supply agreement.
The latest in a series of utility-linked agreements initially foresees delivery of First Solar’s photovoltaic modules to Pfalzsolar, beginning immediately, for use in rooftop and free field solar projects in Germany.
“This agreement reinforces First Solar’s relationships with utility-owned project developers and demonstrates that local utilities increasingly see photovoltaic power as a necessary component of their future electricity generation portfolio,” said Stephan Hansen, managing director of First Solar GmbH.
“We are pleased to have gained Pfalzsolar as an additional customer in a key market at a key period for the evolution of solar electricity in Europe,” added John Carrington, executive vice president, global marketing & business development.
Ali Boukhalfa, managing director of Pfalzsolar GmbH, said the company was delighted to have reached a long-term supply agreement with First Solar. “The agreement gives us the guarantee of being able to offer high-performance modules at competitive prices, thereby helping us fulfill our ambitious growth targets,” he said.
About First Solar
First Solar, Inc. (Nasdaq: FSLR) is changing the way the world is powered by creating truly sustainable solar energy solutions. First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV system solutions. By constantly decreasing manufacturing costs, First Solar is creating an affordable and environmentally responsible alternative to fossil-fuel generation. First Solar modules are most effective when demand for traditional forms of energy is at its peak. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first prefunded, comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.United States:Lisa Morse, +1-602-414-9361media@firstsolar.comEurope:Brandon Mitchener, +49-6131-1443-399media@firstsolar.com
Research more solar stocks - http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
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Showing posts with label First Solar. Show all posts
Showing posts with label First Solar. Show all posts
Friday, May 29, 2009
Wednesday, April 29, 2009
First Solar to Supply Modules for Australia’s Largest Solar PV Installation Project at Adelaide Showground Will Highlight Advanced Photovoltaic Techno
First Solar to Supply Modules for Australia’s Largest Solar PV Installation Project at Adelaide Showground Will Highlight Advanced Photovoltaic Technology
TEMPE, Ariz.--April 29 2009 --First Solar, Inc. (Nasdaq: FSLR) announced today that it will supply photovoltaic (PV) modules to Solar Shop Australia, Pty Ltd. (Solar Shop), for a 1 megawatt (MW) DC rooftop project. The solar power system, installed on six separate buildings at the Adelaide Showground in South Australia, will be the largest PV installation in the country. The rooftop system is being commissioned by the Royal Agricultural and Horticultural Society of South Australia.
First Solar is the world’s largest manufacturer of thin film solar modules. The Company recently announced that it has produced 1 gigawatt of its PV modules since beginning commercial production. In addition, First Solar has the lowest manufacturing cost in the industry, having broken the $1 per watt price barrier by reducing its manufacturing cost to 98 cents.
“First Solar is proud to be supplying modules for the country’s largest PV system,” said John Carrington, First Solar executive vice president of marketing and business development. “This project will take one of Australia’s most abundant resources, sunlight, and convert it into clean, affordable electricity.”
“This project marks the beginning of what we expect to be a very promising future for solar energy in Australia,” said Carrington. “Australia’s policy initiatives have set the stage for the growth of affordable renewable energy, and First Solar’s advanced, cost-effective solar technology is a perfect fit.”
Solar Shop, in an alliance partnership with building and engineering company Build Environs Pty Ltd., will design and construct the 1 MW installation, which is expected to displace approximately 1500 tons of CO2 every year. Construction is anticipated to begin immediately and is expected to be completed by the third quarter of 2009. The power produced by the solar installation will be used predominantly at the Adelaide Showground site, displacing power generated from conventional sources.
“Solar Shop Australia is excited to be introducing First Solar’s modules into the Australian market and particularly for use on this project, Australia’s largest solar PV installation,” said Adrian Ferraretto, Solar Shop’s managing director. “Solar Shop determined First Solar’s modules offered the best option for the Showground after considering a number of other solar technologies and the client’s specific requirements.”
About First Solar
First Solar, Inc. (Nasdaq: FSLR) is changing the way the world is powered by creating truly sustainable solar energy solutions. First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV system solutions. By constantly decreasing manufacturing costs, First Solar is creating an affordable and environmentally responsible alternative to fossil-fuel generation. First Solar modules are most effective when demand for traditional forms of energy is at its peak. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first prefunded, comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
About Solar Shop
Solar Shop Australia is the largest provider of grid-connected solar systems in Australia, having installed 25 percent of all systems in 2008. Using quality components sourced globally and locally, the company has helped thousands of Australian homeowners realise the benefits of solar energy over the last ten years. Solar Shop Australia is now using this knowledge and experience to develop large scale commercial projects Australia-wide. For more information please visit www.solarshop.com.au.
Contacts First Solar, Inc.United States:Lisa Morse+1-602-414-9361media@firstsolar.comEurope:Brandon Mitchener+49-6131-1443-399media@firstsolar.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and the complete renewable energy stocks directory.
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TEMPE, Ariz.--April 29 2009 --First Solar, Inc. (Nasdaq: FSLR) announced today that it will supply photovoltaic (PV) modules to Solar Shop Australia, Pty Ltd. (Solar Shop), for a 1 megawatt (MW) DC rooftop project. The solar power system, installed on six separate buildings at the Adelaide Showground in South Australia, will be the largest PV installation in the country. The rooftop system is being commissioned by the Royal Agricultural and Horticultural Society of South Australia.
First Solar is the world’s largest manufacturer of thin film solar modules. The Company recently announced that it has produced 1 gigawatt of its PV modules since beginning commercial production. In addition, First Solar has the lowest manufacturing cost in the industry, having broken the $1 per watt price barrier by reducing its manufacturing cost to 98 cents.
“First Solar is proud to be supplying modules for the country’s largest PV system,” said John Carrington, First Solar executive vice president of marketing and business development. “This project will take one of Australia’s most abundant resources, sunlight, and convert it into clean, affordable electricity.”
“This project marks the beginning of what we expect to be a very promising future for solar energy in Australia,” said Carrington. “Australia’s policy initiatives have set the stage for the growth of affordable renewable energy, and First Solar’s advanced, cost-effective solar technology is a perfect fit.”
Solar Shop, in an alliance partnership with building and engineering company Build Environs Pty Ltd., will design and construct the 1 MW installation, which is expected to displace approximately 1500 tons of CO2 every year. Construction is anticipated to begin immediately and is expected to be completed by the third quarter of 2009. The power produced by the solar installation will be used predominantly at the Adelaide Showground site, displacing power generated from conventional sources.
“Solar Shop Australia is excited to be introducing First Solar’s modules into the Australian market and particularly for use on this project, Australia’s largest solar PV installation,” said Adrian Ferraretto, Solar Shop’s managing director. “Solar Shop determined First Solar’s modules offered the best option for the Showground after considering a number of other solar technologies and the client’s specific requirements.”
About First Solar
First Solar, Inc. (Nasdaq: FSLR) is changing the way the world is powered by creating truly sustainable solar energy solutions. First Solar manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV system solutions. By constantly decreasing manufacturing costs, First Solar is creating an affordable and environmentally responsible alternative to fossil-fuel generation. First Solar modules are most effective when demand for traditional forms of energy is at its peak. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first prefunded, comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
About Solar Shop
Solar Shop Australia is the largest provider of grid-connected solar systems in Australia, having installed 25 percent of all systems in 2008. Using quality components sourced globally and locally, the company has helped thousands of Australian homeowners realise the benefits of solar energy over the last ten years. Solar Shop Australia is now using this knowledge and experience to develop large scale commercial projects Australia-wide. For more information please visit www.solarshop.com.au.
Contacts First Solar, Inc.United States:Lisa Morse+1-602-414-9361media@firstsolar.comEurope:Brandon Mitchener+49-6131-1443-399media@firstsolar.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and the complete renewable energy stocks directory.
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Wednesday, April 22, 2009
Earth Day Renewable Energy Stocks Sector Close-Up on Solar Stocks; First Solar, Inc. (NASDAQ: FSLR), SunPower Corporation Shine for Investors
Earth Day Renewable Energy Stocks Sector Close-Up on Solar Stocks; First Solar, Inc. (NASDAQ: FSLR), SunPower Corporation Shine for Investors
Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE!
POINT ROBERTS, WA —April 22, 2009, -- http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks trading, Earth Day, April 22, 2009.
“While Earth Day continues to be largely symbolic the underlying core principals of individual responsibility for the quality of our environment and sustainable consumption continues to gain relevance at nearly every point of our lives and economies, offered Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX). I believe that there is an enormous green economy opportunity for governments and business that will create the jobs necessary to replace those lost in this economic downturn, while rebuilding wealth and sustainable growth for our future. Earth Day provides an opportunity to reflect and realize the need and the potential.”
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/ . Read his newest columns, the Solar Innovations series, looking at private companies in the sector.
Renewablenergystocks.com Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE!
The second in our “Solar Innovation Series” is a creative financial innovation that could sweep the nation and literally make SOLAR ENERGY for all practical purposes FREE to the average homeowner. It does NOT need a string of technical breakthroughs or new scientific discoveries all it needed is a little bit of financial innovation – simple as that.
If making money by investing in energy efficiency improvements and solar systems for our homes is so obviously needed and is also a good investment. Why do so few of us move forward and do it?
More: click here
Solar Stocks Sector Close-Up, Trading April 22, 2009
Akeena Solar Inc. (NASDAQ:AKNS) trading at $ 1.15, up $ 0.01 (0.88%)
Evergreen Solar Inc (NASDAQ:ESLR) trading at $ 2.19, up $0.05 (2.34%) 1:43pm ET
First Solar, Inc. (NASDAQ: FSLR) trading up at $146.45, gains of $ 6.31 (4.50%) 1:45pm ET
JA Solar (Nasdaq: JASO) trading at $3.24, up $0.20 (6.58%) 1:47pm ET
LDK Solar ADR (NYSE: LDK) trading at $7.72, up $ 0.29 (3.90%) 1:43pm ET
SunPower Corporation (NasdaqGS: SPWRA) trading $27.60, gains of $2.30 (9.09%) 1:49pm ET
Trina Solar Limited (NYSE: TSL) trading up at $13.14, up $ 0.53 (4.20%) 1:51pm ET
Yingli Green Energy (NYSE: YGE) trading at $6.55, up $ 0.34 (5.48%) 1:52pm ET
XsunX Inc: (OTCBB: XSNX) trading unchanged at $0.16
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Stock:
XsunX Inc. (OTCBB: XSNX)
Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts as soon as possible. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Submit green news and press releases: click here
Renewable Energy Stocks Directory and water stocks directory: Research solar stocks
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory including global solar stocks. Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com, Investorideas.com, XSNX
Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE!
POINT ROBERTS, WA —April 22, 2009, -- http://www.renewableenergystocks.com/,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks trading, Earth Day, April 22, 2009.
“While Earth Day continues to be largely symbolic the underlying core principals of individual responsibility for the quality of our environment and sustainable consumption continues to gain relevance at nearly every point of our lives and economies, offered Tom Djokovich, CEO of XsunX, Inc. (OTCBB: XSNX). I believe that there is an enormous green economy opportunity for governments and business that will create the jobs necessary to replace those lost in this economic downturn, while rebuilding wealth and sustainable growth for our future. Earth Day provides an opportunity to reflect and realize the need and the potential.”
Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/ . Read his newest columns, the Solar Innovations series, looking at private companies in the sector.
Renewablenergystocks.com Earth Day Solar Innovation Series with J. Peter Lynch; Announcing Today- Solar Energy is FREE!
The second in our “Solar Innovation Series” is a creative financial innovation that could sweep the nation and literally make SOLAR ENERGY for all practical purposes FREE to the average homeowner. It does NOT need a string of technical breakthroughs or new scientific discoveries all it needed is a little bit of financial innovation – simple as that.
If making money by investing in energy efficiency improvements and solar systems for our homes is so obviously needed and is also a good investment. Why do so few of us move forward and do it?
More: click here
Solar Stocks Sector Close-Up, Trading April 22, 2009
Akeena Solar Inc. (NASDAQ:AKNS) trading at $ 1.15, up $ 0.01 (0.88%)
Evergreen Solar Inc (NASDAQ:ESLR) trading at $ 2.19, up $0.05 (2.34%) 1:43pm ET
First Solar, Inc. (NASDAQ: FSLR) trading up at $146.45, gains of $ 6.31 (4.50%) 1:45pm ET
JA Solar (Nasdaq: JASO) trading at $3.24, up $0.20 (6.58%) 1:47pm ET
LDK Solar ADR (NYSE: LDK) trading at $7.72, up $ 0.29 (3.90%) 1:43pm ET
SunPower Corporation (NasdaqGS: SPWRA) trading $27.60, gains of $2.30 (9.09%) 1:49pm ET
Trina Solar Limited (NYSE: TSL) trading up at $13.14, up $ 0.53 (4.20%) 1:51pm ET
Yingli Green Energy (NYSE: YGE) trading at $6.55, up $ 0.34 (5.48%) 1:52pm ET
XsunX Inc: (OTCBB: XSNX) trading unchanged at $0.16
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp
Featured Showcase Solar Stock:
XsunX Inc. (OTCBB: XSNX)
Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi- megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts as soon as possible. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Submit green news and press releases: click here
Renewable Energy Stocks Directory and water stocks directory: Research solar stocks
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and Investor Ideas Members only Restricted Content including the complete renewable energy stocks directory including global solar stocks. Learn more: http://www.investorideas.com/membership/
About InvestorIdeas.com:
Investorideas.com creates a meeting place for investing ideas to take form and come to life in an entrepreneurial environment, servicing the needs of small investors and start- up companies to large conglomerates! We cover multiple industry sectors but specialize in environmental and water.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: www.InvestorIdeas.com/About/Disclaimer.asp
Compensation disclosure for XSNX
http://www.investorideas.com/About/News/Clientspecifics.asp
For more information contact:
Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com
Source: RenewableEnergyStocks.com, Investorideas.com, XSNX
Wednesday, April 15, 2009
First Solar to Build 48 Megawatt Photovoltaic Power Plant for Sempra Generation in Nevada
First Solar to Build 48 Megawatt Photovoltaic Power Plant for Sempra Generation in Nevada
The Solar Project Would Be the Largest PV Installation in North America
TEMPE, Ariz.--April 15 2009 --First Solar, Inc. (Nasdaq: FSLR ) today announced it has executed an agreement to build a 48 megawatt (MW) AC ground-mounted photovoltaic (PV) power plant for Sempra Generation. This project would expand the 10MW AC power plant First Solar completed for Sempra Generation in 2008, which is located near Boulder City, Nev.
First Solar will design, engineer and construct the PV power plant. The Company expects to begin construction in 2009. Once construction is completed in 2010, the combined 58MW AC project is expected to be the largest PV power plant in North America.
“We are pleased to have the opportunity to expand this 10MW project to 58MW—more than five times its original size, advancing our mission of providing clean, affordable solar electricity,” said John Carrington, First Solar executive vice president of marketing and business development. “Sempra Generation’s decision to use First Solar in expanding the El Dorado solar plant demonstrates our ability to provide a cost-effective energy solution for utility scale projects.”
As is the case with the original 10MW AC solar plant, the 48MW AC project will be constructed adjacent to Sempra Generation’s existing 480MW El Dorado Energy power plant, located about 40 miles southeast of Las Vegas. Sempra Generation will own and operate the PV power plant. The agreement is conditioned upon Sempra Generation executing a power purchase agreement with a utility customer for the electricity generated by the PV power plant and applicable state and local regulatory approvals.
About First Solar
First Solar, Inc. (Nasdaq: FSLR ) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact:First Solar, Inc.Lisa Morse602-414-9361media@firstsolar.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and the complete renewable energy stocks directory.
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InvestorIdeas.com Disclaimer: Issuers of press releases and articles are solely responsible for the accuracy of the content
The Solar Project Would Be the Largest PV Installation in North America
TEMPE, Ariz.--April 15 2009 --First Solar, Inc. (Nasdaq: FSLR ) today announced it has executed an agreement to build a 48 megawatt (MW) AC ground-mounted photovoltaic (PV) power plant for Sempra Generation. This project would expand the 10MW AC power plant First Solar completed for Sempra Generation in 2008, which is located near Boulder City, Nev.
First Solar will design, engineer and construct the PV power plant. The Company expects to begin construction in 2009. Once construction is completed in 2010, the combined 58MW AC project is expected to be the largest PV power plant in North America.
“We are pleased to have the opportunity to expand this 10MW project to 58MW—more than five times its original size, advancing our mission of providing clean, affordable solar electricity,” said John Carrington, First Solar executive vice president of marketing and business development. “Sempra Generation’s decision to use First Solar in expanding the El Dorado solar plant demonstrates our ability to provide a cost-effective energy solution for utility scale projects.”
As is the case with the original 10MW AC solar plant, the 48MW AC project will be constructed adjacent to Sempra Generation’s existing 480MW El Dorado Energy power plant, located about 40 miles southeast of Las Vegas. Sempra Generation will own and operate the PV power plant. The agreement is conditioned upon Sempra Generation executing a power purchase agreement with a utility customer for the electricity generated by the PV power plant and applicable state and local regulatory approvals.
About First Solar
First Solar, Inc. (Nasdaq: FSLR ) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact:First Solar, Inc.Lisa Morse602-414-9361media@firstsolar.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
Become an Investorideas.com Member
Gain Exclusive Insight on Leading Sectors, Global Trends, and Insider Trading Ideas, News, Articles and the complete renewable energy stocks directory.
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InvestorIdeas.com Disclaimer: Issuers of press releases and articles are solely responsible for the accuracy of the content
Friday, April 03, 2009
First Solar Completes Acquisition of OptiSolar's Photovoltaic Project Pipeline
First Solar Completes Acquisition of OptiSolar's Photovoltaic Project Pipeline
TEMPE, Ariz.--April 3 2009 --First Solar, Inc. (Nasdaq: FSLR) today announced that it has completed its acquisition of OptiSolar’s photovoltaic project pipeline. First Solar expects to construct the solar power plants developed under the pipeline over the next several years and sell them to a combination of regulated utilities, diversified energy companies and other independent power producers.
In addition, the core development team responsible for assembling and executing on the solar project pipeline has joined the First Solar development team. First Solar acquired all of OptiSolar’s project development business in an all-stock transaction valued at approximately $400 million. As a result of the closing today, First Solar will issue approximately 3 million shares of common stock representing a dilution of about 3.5 percent. This is less than the approximate 5 percent dilution expected when the acquisition was announced, due to recent appreciation in the price of shares of the Company’s common stock.
About First Solar
First Solar, Inc. (Nasdaq: FSLR ) manufactures solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic (PV) solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water or air emissions, and no waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. Some important risks specific to the acquisition include the satisfaction of closing conditions for the acquisition and the possibility that the transaction may not be completed, and potential difficulties associated with integrating the acquired project businesses into First Solar’s existing operations. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact:First Solar, Inc.Lisa Morse602-414-9361
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TEMPE, Ariz.--April 3 2009 --First Solar, Inc. (Nasdaq: FSLR) today announced that it has completed its acquisition of OptiSolar’s photovoltaic project pipeline. First Solar expects to construct the solar power plants developed under the pipeline over the next several years and sell them to a combination of regulated utilities, diversified energy companies and other independent power producers.
In addition, the core development team responsible for assembling and executing on the solar project pipeline has joined the First Solar development team. First Solar acquired all of OptiSolar’s project development business in an all-stock transaction valued at approximately $400 million. As a result of the closing today, First Solar will issue approximately 3 million shares of common stock representing a dilution of about 3.5 percent. This is less than the approximate 5 percent dilution expected when the acquisition was announced, due to recent appreciation in the price of shares of the Company’s common stock.
About First Solar
First Solar, Inc. (Nasdaq: FSLR ) manufactures solar modules with an advanced semiconductor technology and provides comprehensive photovoltaic (PV) solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water or air emissions, and no waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. Some important risks specific to the acquisition include the satisfaction of closing conditions for the acquisition and the possibility that the transaction may not be completed, and potential difficulties associated with integrating the acquired project businesses into First Solar’s existing operations. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contact:First Solar, Inc.Lisa Morse602-414-9361
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Friday, March 20, 2009
First Solar Produces 1 Gigawatt of Clean Solar Electricity
First Solar Produces 1 Gigawatt of Clean Solar Electricity
TEMPE, Ariz.--March 20 2009 --First Solar, Inc., (Nasdaq:FSLR) today announced that it has produced 1 gigawatt (GW) of its advanced solar modules since beginning commercial production in early 2002.
It took the Company more than six years to produce its first 500 megawatts (MW) and eight months to produce its second, creating today’s 1GW total. By the end of this year, the Company has announced it will have the capacity to produce more than 1GW per year— the equivalent of an average-sized nuclear power plant.
“This volume allows us to rapidly reduce manufacturing costs, thereby furthering our mission of making solar power an affordable alternative to conventional energy sources,” said Bruce Sohn, First Solar president. “We appreciate the many contributions our associates have made in reaching this 1GW milestone and are grateful for all their hard work.”
First Solar began production in Perrysburg, Ohio, with a single manufacturing line and approximately 150 associates in 2002. By the end of 2009, the Company’s solar modules will come from 23 manufacturing lines on three continents and employing more than 4,000 associates. The Company currently has manufacturing facilities in the U.S., Germany and Malaysia and offices located throughout North America and Europe.
About First Solar
First Solar, Inc. (Nasdaq:FSLR) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.United States:Lisa Morse602-414-9361media@firstsolar.comorEurope:Brandon Mitchener+32-2-550-3750+49-6131-1443-399media@firstsolar.com
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TEMPE, Ariz.--March 20 2009 --First Solar, Inc., (Nasdaq:FSLR) today announced that it has produced 1 gigawatt (GW) of its advanced solar modules since beginning commercial production in early 2002.
It took the Company more than six years to produce its first 500 megawatts (MW) and eight months to produce its second, creating today’s 1GW total. By the end of this year, the Company has announced it will have the capacity to produce more than 1GW per year— the equivalent of an average-sized nuclear power plant.
“This volume allows us to rapidly reduce manufacturing costs, thereby furthering our mission of making solar power an affordable alternative to conventional energy sources,” said Bruce Sohn, First Solar president. “We appreciate the many contributions our associates have made in reaching this 1GW milestone and are grateful for all their hard work.”
First Solar began production in Perrysburg, Ohio, with a single manufacturing line and approximately 150 associates in 2002. By the end of 2009, the Company’s solar modules will come from 23 manufacturing lines on three continents and employing more than 4,000 associates. The Company currently has manufacturing facilities in the U.S., Germany and Malaysia and offices located throughout North America and Europe.
About First Solar
First Solar, Inc. (Nasdaq:FSLR) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.United States:Lisa Morse602-414-9361media@firstsolar.comorEurope:Brandon Mitchener+32-2-550-3750+49-6131-1443-399media@firstsolar.com
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Sunday, January 18, 2009
First Solar, Inc. (Nasdaq: FSLR) to Announce 2008 Fourth Quarter and Year End Financial Results on Tuesday, February 24, 2009
First Solar, Inc. to Announce 2008 Fourth Quarter and Year End Financial Results on Tuesday, February 24, 2009
TEMPE, Ariz.--Jan 16 2009 -First Solar, Inc. (Nasdaq: FSLR) will report financial results for the fourth quarter and year ended December 27, 2008, after market close on Tuesday, February 24, 2009. The Company will hold its quarterly and year end conference call to discuss these results at 4:30 p.m. EST. Investors may access a live web cast of this conference call on the Investors section of the Company's web site at www.firstsolar.com.
An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Friday, February 27, 2009, at 11:59 p.m. EST and can be accessed by dialing 888-266-2081 if you are calling from within the United States or 703-925-2533 if you are calling from outside the United States and entering access code 1325337. A replay of the web cast will be available on the Investors section of the Company’s web site approximately two hours after the conclusion of the call and remain available for 90 calendar days.
About First Solar
First Solar, Inc. (Nasdaq: FSLR) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.Jens MeyerhoffChief Financial Officer602-414-9300investor@firstsolar.comLarry PolizzottoVP of Investor Relations602-414-9300investor@firstsolar.com
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TEMPE, Ariz.--Jan 16 2009 -First Solar, Inc. (Nasdaq: FSLR) will report financial results for the fourth quarter and year ended December 27, 2008, after market close on Tuesday, February 24, 2009. The Company will hold its quarterly and year end conference call to discuss these results at 4:30 p.m. EST. Investors may access a live web cast of this conference call on the Investors section of the Company's web site at www.firstsolar.com.
An audio replay of the conference call will also be available approximately two hours after the conclusion of the call. The audio replay will remain available until Friday, February 27, 2009, at 11:59 p.m. EST and can be accessed by dialing 888-266-2081 if you are calling from within the United States or 703-925-2533 if you are calling from outside the United States and entering access code 1325337. A replay of the web cast will be available on the Investors section of the Company’s web site approximately two hours after the conclusion of the call and remain available for 90 calendar days.
About First Solar
First Solar, Inc. (Nasdaq: FSLR) manufactures solar modules with an advanced semiconductor technology and provides comprehensive PV solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, First Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. First Solar PV power plants operate with no water, air emissions or waste stream. First Solar set the benchmark for environmentally responsible product life cycle management by introducing the industry's first comprehensive collection and recycling program for solar modules. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating cost-effective renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com, or www.firstsolar.com/media to download photos.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.
Contacts First Solar, Inc.Jens MeyerhoffChief Financial Officer602-414-9300investor@firstsolar.comLarry PolizzottoVP of Investor Relations602-414-9300investor@firstsolar.com
Published at The Investorideas.com Renewable Energy and GreenTech Business and Stock News RSS Feed: Subscribe : http://www.investorideas.com/RSS/feeds/RES.xml
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