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Leading PV energy provider (PVEP), First Solar reported first quarter revenue of US$755 million in the quarter, a decrease of US$320 million from the fourth quarter of 2012 but exceeded slightly the top range of guidance.
Chinese polysilicon manufacturer firm Daqo has announced the resignation of its chief operation officer (COO) Qiangmin Zhou.
NextEra Energy’s 1GW plans for the Blythe solar farm in California, once expected to be the world’s largest solar energy power plant, have been cut in half to make the project viable.
Following a 22% increase in sales in 2012, First Solar expects that trajectory to continue in 2013.
Leading thin-film and PV project developer First Solar has rocked the solar industry with the acquisition of US-based monocrystalline start-up TetraSun.
First Solar has made a significant leap in total area module efficiency that has been verified by the US Department of Energy’s National Renewable Energy Laboratory (NREL).
By mutual agreement, First Solar and Jim Brown, First Solar’s executive vice president of global business have parted ways, according to an SEC filing issued today.
PV industry manufacturing overcapacity and a flood of used PV equipment on the market, due to bankruptcies and firms exiting the sector, were behind Spire Corporation reporting a 70% decline in PV related sales in 2012.
First Solar has said that it has contacted Abound Solar’s trustees to begin discussions whether it can recover materials from up to 100,000 panels made by the bankrupt cadmium telluride (CdTe) module manufacturer.
Record quarterly revenue and new record cell efficiency were overshadowed by First Solar delaying 2013 financial guidance until early Q2 2013.
