In 2017, with news of the possible solar tariff looming, the company booked a record 7.7 GW of solar modules.Now, First Solar has a backlog of module orders that its employees expect to be working on and shipping through 2020 and beyond. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. In this regard, however, First Solar outshines not only conventional power sources but also its peers. First Solar notes that Series 5 modules would have actually been more expensive, per watt, compared to its Series 4 modules at launch. First Solar, Inc. provides PV energy solutions. First Solar's management estimates that the company recognizes a gross margin in excess of 20% on its Series 6 module, whereas sales of the Series 4 module represent a gross margin of 15% to 20%. First Solar, Inc. was founded in … The company unveiled plans in April to move to a 1.2 x 2 meter large-format Series 6 module in 2019, but to first deploy its Series 5, which features three series 4 modules on twin steel rails with a single electrical interconnection. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar released Series 6 solar module,The newest CDTE thin film solar module,Lower cost,More Power.First Solar is the strategic partner of Cat Solar power. View and Download First Solar Series 3 user manual online. Solar-powered airplanes – In 1981, Paul MacCready built Solar Challenger, the first aircraft to run on solar power, and flew it across the English Channel from France to the U.K. In addition to powering one of its data centers, Apple intends to help use the solar-generated electricity to keep the lights on at its other facilities in the state. Series 6™ 420 - 450 watts / up to 18.2% efficiency FIRST SOLAR MODULES–WORLD LEADING RELIABILITY 1-Panasonic HIT, Kyocera, Hanwha, Inventec, 2- Sunpower (residential module only, First Solar Production fleet) •IEC 61646/IEC 61730 1500V Certification •External Thresher Certification Pass! Incredibly, their efficiency is now on par, or even slightly above, th… A single set of clamps are mounted to this rail, which are used to secure the two modules. Over the past month, the stock increased by 14.78%, and in the past year, by 91.32%. The numbers are already indicating that the next few years will be massive for First Solar. First Solar, Inc. is an American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services that include finance, construction, maintenance and end-of-life panel recycling. Unlike most solar panel manufacturers that use multi-crystalline silicon technology, First Solar produces thin-film solar modules that contain the chemical compound, Cumulative Growth of a $10,000 Investment in Stock Advisor, 7 Things You Didn't Know About First Solar @themotleyfool #stocks $FSLR, Why Solar Energy Stocks Popped Double Digits Today, Why First Solar Stock Rocketed More Than 80% in 2020, Copyright, Trademark and Patent Information. A cursory glance at the company's financial performance in 2017 may have disappointed investors, but upon further inspection, a ray of light could have easily been found on the company's cash flow statement. First Solar's dedication to a greener future isn't only demonstrated by its enthusiasm for renewable energy; the company is also committed to recycling. To learn more about our use of cookies, please visit our, Learn about our component and structure partners, Superior temperature coefficient, spectral response and shading behavior means more energy per watt vs. conventional c-Si modules, Innovative under-mount frame with SpeedSlots™ enable the industry’s fastest installation times and lowest mounting hardware costs, Dual junction box design eliminates the need for wire management, Immune to and warranted against power loss from cell cracking, Industry’s best environmental profile with the lowest carbon and water footprint, and fastest energy payback, Includes all of the advantages of Series 6, Larger form factor provides more watts per module, with minimal impact to structure design, Enhanced BOS savings through fewer connections and less mounting hardware per watt. Follow him on Twitter. First Solar appears to have come to the end of the line for the smaller format in its Series 4 and previous modules. Laying claim to one of the largest solar panel manufacturing facilities in the world is surely enticing, but investors should be keenly attuned to the company's construction of the new plant for another reason: increasing profitability. If you experience any issues with … First Solar provides cost effective thin film module solutions to leading solar project developers and system integrators for large scale, grid-connected solar power plants. From providing engineering services for solar projects to operations and maintenance of the completed systems. In this system a shared rail self-locates underneath the frames of two adjacent modules. The Green Electronics Council (GEC) today announced that the Series 6 photovoltaic (PV) module, designed and manufactured by U.S.-headquartered First Solar, Inc. (Nasdaq: FSLR), is the world’s first PV product to be included in the launch of the … First Solar intends to manufacture its Series 6 modules at the new facility. First Solar is a leader in the development and manufacturing of thin film solar modules used in grid-connected solar power plants, as well as a provider of complete solar generation solutions for U.S. utilities. Bhd. Let's shine some light and learn a few things that will help to provide a more complete view of the company. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. His focus includes renewable energy, gold, and water utilities. Solar Panel Series FS Series 3™ Black - Global. Series 6 and Series 6 Plus modules are manufactured under one roof with a 100% traceable QA/QC program that results in a globally consistent and high-quality product. First Solar provides cost effective thin film module solutions to leading solar project developers and system integrators for Instead of producing solar panels made from crystalline silicon (like we see on our neighbors’ roofs), First Solar is the world’s leading producer of Cadmium Telluride (CdTe) thin film panels.Once limited in use due to their low efficiency compared to silicon panels, thanks to First Solar’s dedicated research CdTe technology has made leaps and bounds in the last few years. And in terms of water conservation, First Solar is anything but wet behind the ears. First Solar Malaysia Sdn. Expected to enter full production mode in late 2019, First Solar's new manufacturing facility, located in northwestern Ohio, will have an annualized capacity of 1.2 gigawatts, tripling the company's current U.S. production capacity. Vistra Corp. Buys American, Selects First Solar PV Modules for Texas Projects Oct 21, 2020 Verified Sustainable: First Solar Series 6 is World’s First EPEAT-Rated PV Module – <5% Power Output drop •TUV Long Term Sequential Test Pass! Under this plan, First Solar is sold out of modules through the first half of 2020, and possibly into 2021. First Solar Series 6™ and Series 6 Plus™ photovoltaic (PV) modules set the industry benchmark for reliable energy production, optimized design and environmental performance. According to PV Magazine, this will represent the largest solar factory by capacity in the Western Hemisphere. First Solar appears to have come to the end of the line for the smaller format in its Series 4 and previous modules. Advanced Design: Series 6™ and Series 6 Plus™ offer an advanced design that is optimized for every stage of your application, significantly reducing balance of system, shipping, and operating costs. At that point, First Solar will have 4.2 GW/year of Series 6 capacity. It's hard to debate First Solar's leading position in the industry. In its most-recent 10-K, the company notes that its modules "use up to 300 times less water per MW hour than conventional energy and up to 12 times less water than other solar technologies.". Tracing its roots back to 1999, First Solar has been demonstrating its solar energy prowess for nearly 20 years, and it has been an option for investors interested in gaining exposure to the renewable energy industry since its initial public offering in 2006. A member of The Motley Fool since 2006, Scott began contributing content in 2013. In 1998, the remote-controlled solar airplane “Pathfinder” set an altitude record after reaching 80,000 feet. The Company offers project development and finance, engineering, procurement, solar power solutions, and plant control systems. Unlike most solar panel manufacturers that use multi-crystalline silicon technology, First Solar produces thin-film solar modules that contain the chemical compound cadmium telluride. Black Plus Module. See our structure partners optimized for our technology, The most tested and reliable module on the market, Discover a better energy prediction software, We use cookies in order to deliver the best possible user experience on this website. While First Solar, which reported a net loss of $1.59 per share, suffered from a lack of profitability in 2017, it celebrated a company record, generating $1.34 billion in operating cash flow and $826 million in free cash flow. Returns as of 01/14/2021. Series 6 Plus will be available in two product variants to meet site-specific design requirements - no overdesign: Overall lower LCOE for a competitive return on investment. NEXTracker uses a bottom clamp system for installing First Solar Series 6 modules. Market data powered by FactSet and Web Financial Group. First Solar intends to manufacture its Series 6 modules at the new facility. Stock Advisor launched in February of 2002. The solar modules use the Cello technology for an enhanced efficiency even in limited space. HOME PRODUCTS & SERVICES DATASHEETS SOLAR PANELS FIRST SOLAR, LLC PV MODULE -- THIN FILM SERIES 4 V3 First Solar, LLC List your products or services on Engineering360. First Solar's Perrysburg, Ohio, production line is currently being re-tooled with the equipment needed to move production from the firm's "series 4" P modules to "series 6". See First Solar, Inc. (FSLR) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. First Solar accelerated bringing its next-generation PV technology to market, moving up the release of its Series 6 PV module to 2018, leapfrogging the Series 5. According to the company's website, the company's recycling facilities ensure that "over 90% of the semiconductor material can be reused in new modules and 90% of the glass can be reused in new glass products.". First Solar® FS Series 2™ PV Modules are IEC 61646 and IEC 61730 certified for use in systems up to 1000 VDC, and meet the requirements of Safety Class II. First Solar® FS Series 3™ PV Module First Solar® FS Series 3™ PV Modules represent the latest advancements in thin film solar module technology. Contact Information 350 West Washington Street, Suite 600 Tempe, AZ … Learn about our component and structure partners. First Solar Series 6™ and  Series 6 Plus™ photovoltaic (PV) modules set the industry benchmark for reliable energy production, optimized design and environmental performance. Our culture is one where teamwork, continuous improvement, achievement of results, and environmental responsibility are core values. First Solar, Inc. is a provider of photovoltaic (PV) solar energy solutions. . At First Solar, Inc. we promise to treat your data with respect and will not share your information with any third party. Based on First Solar’s proven CdTe technology, Series 6 and Series 6 Plus are independently tested and certified for reliable performance that exceeds IEC standards, even the most extreme environments. et's shine some light and learn a few things that will help to provide a more complete view of the company. Detailed profile including pictures, certification details and manufacturer PDF It began production at its second Vietnam factory in 2018 and continued to ramp up production across all its manufacturing sites. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. First Solar® FS Series 2™ PV Modules are IEC 61646 and IEC 61730 certified for use in systems up to 1000 VDC, UL Listed (600VDC), and meet the requirements of Safety Class II. And it's bound to shine even brighter in the coming year. The Series 3 modules are IEC 61646 and IEC 61730 certified for use in systems up to 1000 VDC, UL Listed (600 VDC), and meet the … IPhone afficionados, iMac enthusiasts, and millions of other users operating within Apple's ecosystem and who rely on the company's cloud storage will soon have First Solar to thank -- in part -- for helping them to back up their data. Located in California, Caliente Flats is a 280 megawatt solar facility that First Solar is currently in the process of developing. In 2017, the company claimed two world records for thin-film cell efficiency and module efficiency of 22.1% and 18.2%, respectively. According to First Solar, its thin-film technology affords customers with greater advantages -- such as better performance in real world settings as opposed to laboratory -- than conventional crystalline silicon modules. The Company also develops, designs, construc ts and sells PV solar power systems that primarily use the modules it manufactures. First Solar produces solar panels at facilities spanning the globe, but it's the location in Ohio -- the company's flagship plant -- that surely glitters the brightest in the company's eyes. The solar panels from the NeON 2 series are yet another example of LG’s high-performance products. First Solar, Inc. | firstsolar.com | info@firstsolar.com PD-5-401-06 OCT 020 First Solar Series 6™ ADVANCED THIN FILM SOLAR TECHNOLOGY PROVEN PERFORMANCE • With superior temperature coefficient, spectral response and shading behavior, Series 6 modules generate up to 8% more energy per watt than conventional crystalline silicon solar modules . Extensive Compatibility: Module design provides seamless mounting with common fixed-tilt and tracking applications, Stable, Robust Packaging: Unique frame design allows for nested stacking maximizing shipping and handling efficiencies. In the current session, First Solar Inc. (NASDAQ:FSLR) is trading at $104.75, after a 1% increase. However, Series 6 … According to its website, First Solar has the lowest carbon footprint among all photovoltaic (PV) technologies, and the company cites one study that found that the environmental footprint of the Series 6 module is expected to be up to four times lower than the average PV product. The new manufacturing equipment for the next-generation Series 6 have landed at our USA and Malaysia locations! From providing engineering services for solar projects to operations and maintenance of the completed systems, First Solar (NASDAQ:FSLR) is a vertically integrated company that represents one of the most recognizable and respected names in the solar industry. Those who are environmentally conscious revere solar power as a renewable energy source -- one that has less of an ecological impact than traditional power sources like fossil fuels. Series 3 Solar panel pdf manual download.