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First Solar reported third quarter net sales of US$889 million, an increase of US$345 million from the second quarter of 2014. However, project delays would result in full-year revenue guidance lowered by US$100 million to a range of US$3.6 billion to US$3.9 billion.
First Solar has said it will restore idled production lines at its main production plant in Malaysia bringing back 360MW of capacity. The company also said it would add two new lines at its facility in Ohio, providing a further 178MW of nameplate capacity in 2015.
The new contracts for difference mechanism in the UK market is “an interesting opportunity for a more market orientated approach”, according to First Solar.
Major PV manufacturers spent around US$422 million in 2013 on R&D activities, down 9% from 2012, according to the annual R&D spending analysis undertaken by PV Tech.
US thin-film manufacturer First Solar has achieved a 21.0% conversion rate in a cadmium-telluride (CdTe) PV cell, a new record.
US thin-film maker First Solar is targeting the annual installation of 100MW of its panels in Japan through a deal with domestic distributor XSOL.
Major PV energy provider, First Solar, has cancelled long-standing plans to build a 2GW PV power plant near Ordos City, Inner Mongolia, according to reports.
PV module encapsulant material supplier, STR Holdings continues to struggle transitioning its business and product portfolio after loosing its major customer, First Solar earlier in 2013.
Leading photovoltaics energy provider, First Solar, has reported first quarter 2014 revenue well above guidance on a PV project pull-in but reiterated full-year revenue guidance would be unchanged at up to US$4 billion.
Major PVEP (Photovoltaics Energy Provider), First Solar is to provide turnkey Engineering, Procurement and Construction (EPC) contractor services to EDF Renewable Energy in California.
The 290MW Agua Caliente solar PV facility in Arizona is close to being fully complete, according NRG Solar and MidAmerican Solar.
GE’s CdTe thin-film manufacturing equipment from its facilities in Colorado, US is to go under the hammer in an online auction beginning on 8 May 2014.
Dubai’s state utility company has opened the tender process for 100MW solar PV generating capacity.
First Solar has revealed a new total area module efficiency record for its CdTe thin-film technology of 17%, a significant increase from 16.1%, set in April 2013.
First Solar is planning its next major CdTe thin-film production capacity expansion phase to occur in 2015 with an additional 1GW of nameplate capacity. The company revealed the plans during its 2014 Analyst Day event.
US thin-film developer First Solar will host its analyst day on Wednesday, at which Deutsche Bank expects the company to offer “upbeat” targets for the coming years up to 2016.
First Solar reported fourth quarter and full-year 2013 results that failed to meet financial analyst’s expectations by a wide-margin, with it shares taking a big tumble.
First Solar has reported a world record for a CdTe solar cell with a conversion efficiency of 20.4%.
First Solar’s third annual NOVA awards for suppliers have been handed out, with the thin-film manufacturer recognising the contribution of four companies in “providing enduring value to First Solar’s manufacturing and EPC project activities”.
Laser structuring specialist, LPKF SolarQuipment has installed a new LPKF Presto laser scriber at its Shanghai application centre to extend its capabilities in researching advanced laser machining techniques for thin-film PV modules employing different coating technologies.
On cue, First Solar said it had started construction of a 102MW (AC) PV power plant in Nyngan, New South Wales (NSW).
Market research firm, Lux Research expects balance of system (BOS) component costs to fall gradually through the rest of the decade, according to a new report.
First Solar said it had started construction of a 22MW PV power plant in Pecos County, Texas.
A collaborative development programne (CDP) between First Solar and Intermolecular that was established in 2012 to target higher efficiency CdTe thin-film modules has been amended.
Editor and guest blogs have continued to be a major attraction to the vast number of readers of PV Tech’s website. Based on traffic data provided by Google Analytics we are once again sharing the top 10 most read blogs from this year, itself a popular read in past years.