First Solar (NASDAQ:FSLR) (NASDAQ: FSLR) is a vertically integrated solar energy company specializing in the design, manufacture and deployment of thin-film photovoltaic (PV) solar modules and utility-scale solar power systems. Utilizing cadmium telluride (CdTe) semiconductor technology, the company produces eco-efficient solar panels that are lightweight, have a low carbon footprint and perform well under high temperature and low-light conditions. In addition to module manufacturing, First Solar provides engineering, procurement and construction (EPC) services, operations and maintenance (O&M) support, and project development expertise for large-scale solar installations.
Founded in 1999 and headquartered in Tempe, Arizona, First Solar pioneered the commercialization of CdTe PV technology, achieving significant cost reductions and production-scale efficiencies over the past two decades. The company has manufacturing facilities in the United States and international markets, and it continually invests in research and development to enhance module efficiency, reliability and lifecycle sustainability. First Solar’s production processes emphasize sustainability, incorporating water recycling, material reuse and waste reduction practices throughout its facilities.
First Solar serves a global customer base, with completed and ongoing projects across North America, Latin America, Europe, the Middle East and the Asia-Pacific region. Its utility-scale solar power plants, often exceeding 100 megawatts in capacity, contribute to grid stability and long-term renewable energy goals for governmental and commercial clients. The company has also entered partnerships to supply modules for commercial and industrial rooftop installations, expanding its end markets beyond large-scale ground-mounted systems.
Under the leadership of Chief Executive Officer Mark Widmar, First Solar continues to focus on driving down the levelized cost of electricity (LCOE) for solar power and enhancing its project pipeline. The company’s management team brings experience in technology development, large-scale project execution and global operations, positioning First Solar to capitalize on increasing demand for clean energy solutions. Through strategic investments and technology innovation, First Solar aims to maintain its position as a leading provider of sustainable solar energy products and services.
