Known for its high quality solar panels and government cooperation during the Biden administration, First Solar is a strong company when it comes to maintaining its operations and innovating on solar energy. Our team believes that First Solar is considerably below its fair value.Read more
Key Takeaways Strategic U.S. manufacturing expansion, policy tailwinds, and non-Chinese supply chain position First Solar for premium margins, growth, and long-term market leadership. Rapid tech innovation and massive backlog support industry-leading efficiency, secure supply, and above-industry revenue growth with reduced risk and volatility.Read more
Key Takeaways Rising trade barriers, supply chain disruptions, and concentrated market exposure risk eroding margins and destabilizing revenue predictability. Intensifying competition and rapid technological advances threaten First Solar's product relevance, pricing power, and long-term market share.Read more
Key Takeaways Strengthened U.S. policies and rapid domestic capacity expansion are improving First Solar's competitive position, boosting demand, margins, and revenue visibility. Innovations in thin-film technology and a large contracted backlog provide technological leadership, pricing power, and stability against market volatility.Read more
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company’s residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
