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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.
Photon Energy Investments (PEI), a division of PV solutions and services company Photon Energy has launched a standardised financing model through its fully-owned subsidiary, Photon Energy Generation Australia (PEGA).
The German Government has successfully received aid to the tune of €2.3 million from the European Globalisation Adjustment Fund (EGF) to finance programmes to help support workers made redundant at two thin-film production plants closed by First Solar at the end of 2012.
Cadmium Telluride (CdTe) thin-film solar module maker Calyxo has commissioned a new 60MW production line at its Bitterfeld-Wolfen plant in Germany.
With an initial plan to invest around US$100 million, First Solar said it would build PV power plants in the booming Japanese market, both directly and with Japanese companies in partnership. Japan has not previously been a target market for First Solar.
In issuing third quarter 2013 financial results, thin-film market leader First Solar, reported its largest quarterly decline in its CdTe module cost per watt since 2007.
The Colorado manufacturing facility of Abound Solar, which went bankrupt, has been reported by US news outlets as having left toxic and hazardous waste behind that could cost as much as US$3.7 million to clean up.
According to the latest NPD Solarbuzz PV Equipment Quarterly report, solar PV module production is set to reach the 50GW milestone in 2014.
Another major milestone has been reached in the 550MW Topaz Solar Farms construction with a total of five million, First Solar-made CdTe thin-film modules having been installed.
Thin-film PV manufacturer First Solar is selling its unused manufacturing plant in Mesa, Arizona, built at a cost of around US$300 million, for over US$100 million.
First Solar has acquired K Road Power’s planned 250MW ‘Moapa Solar Project’ in Nevada, US, the latest development in a recent flurry of activity by the thin-film manufacturer and project developer to replenish its PV project pipeline.
The Silver State South project has been issued an environmental statement released from the US Bureau of Land Management (BLM) to downsize by 100MW due to environmental concerns.
First Solar has broken ground on its third Imperial County PV power plant.
Following the appointment of Jim Hughes in March, 2013 in a then newly created role of CCO (chief commercial officer), Joe Kishkill has taken the vacant position at First Solar.
Two engineers working on First Solar’s Desert Sunlight Solar Farm were killed yesterday when their plane crashed near the construction site close to Joshua Tree National Park.
The first acquisition of PV power plants since GE and First Solar struck a business partnership has taken place, without the financial details being disclosed.
Scientists at the Empa Institute in Switzerland claim to have achieved 11.5% conversion efficiency for a CdTe solar cell by doping it with copper.
According to the latest findings from NPD Solarbuzz, the continued competitiveness of conventional c-Si technologies and market overcapacity is taking its toll on PV thin-film market share.
First Solar will start a 100MW manufacturing line for crystalline silicon cells for the residential distributed market from the end of next year with production scaling from 2015, it was revealed yesterday.
Despite warning that revenue for the second quarter 2013 could impacted by timelines for PV project sales, leading PV energy provider (PVEP) First Solar reported worse than expected sales while downgrading full-year revenue guidance.
Leading PV energy provider (PVEP), First Solar, has claimed to be the first thin-film module manufacturer to have received ‘Thresher’ test certification from TÜV Rheinland.
GE has decided to cancel plans to ramp its own cadmium telluride (CdTe) thin-film operations in Aurora, Colorado, instead selling the intellectual property portfolio to CdTe leader, First Solar.
An agreement between First Solar and US regional power provider Public Service Company of New Mexico (PNM) to construct a total of 23MW of solar power generating capacity across three sites is awaiting approval by the New Mexico Public Regulation Commission.
First Solar is to offer 8.5 million shares at US$46.00 per share potentially bringing in US$391 million of new capital to build PV power plants.
The leading PVEP (Photovoltaics energy provider) First Solar plans to offer over 9 million new shares to raise funds to build PV power plants.
Mary Beth Gustafsson, executive vice president, general counsel and secretary to thin-film leader, First Solar, is to leave the company in October by mutual consent, according to an SEC filing.
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.
New R&D test cells produced at First Solar’s Perrysburg, Ohio factory and R&D centre have reached a new record cell conversion efficiency of 18.7%. The record was verified by the US Department of Energy’s National Renewable Energy Laboratory (NREL) and announced by First Solar yesterday.
Germany-based industrial laser specialist InnoLas Systems GmbH said that the company achieved revenue of €40 million (US$52.9 million) in 2012, which was 60% higher than the previous year.
PV module encapsulant material supplier, STR Holdings hit by the pending loss of its largest customer, First Solar said that its restructuring efforts would result in a workforce reduction of approximately 160, or 32% of its global workforce.
A follow-up US$12 million in funding from the US Energy Department under the SunShot Initiative has been issued with the intention of reducing the time of lab to fab solar cell conversion efficiencies.
PV module encapsulant material supplier, STR Holdings warned that its business would be significantly impacted by an expected and imminent transition by First Solar to using an unidentified alternative supplier.
Sales of PV equipment and components by German-based suppliers fell 43% in the third quarter of 2012 compared to the same period a year ago, German trade association VDMA has said.