First Solar, Inc. FSLR

First Solar Inc. is an American multinational sustainable energy company engaged in the development, financing, engineering, construction, and operation of many of the largest grid-connected PV power plants worldwide. The company also designs, manufactures, and sells advanced, efficient PV solar modules with a thin-film semiconductor technology. First Solar is headquartered in Tempe, Arizona, with facilities across the Americas, Europe, Asia Pacific, Africa, and the Middle East. The firm was founded in 1999.

Additionally, First Solar provides operations and maintenance services to system owners around the globe. The company produces its PV modules using cadmium and tellurium, which tend to be more efficient in converting sunlight to electricity than conventional crystalline silicon systems.

The company operates through two segments. The modules segment is involved in the production of the solar modules. The systems segment provides power plant solutions including project development, engineering, procurement, and construction services. First Solar sells its modules and energy to customers in a variety of markets, including independent power producers, utilities companies, and commercial and industrial companies. The firm is listed on the NASDAQ under the ticker FSLR.

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