First Solar, Inc.
Company Profile
Other Listings & Derivatives(1)
Business Description
First Solar, Inc. is an American photovoltaic solar technology company that designs and manufactures solar modules based on thin-film cadmium telluride semiconductor technology. Its primary business is the production and sale of advanced solar panels that convert sunlight into electricity, offering an alternative to conventional crystalline silicon modules. The company operates a vertically integrated model, converting glass sheets into finished modules and providing related photovoltaic systems, as well as operations and maintenance services for large-scale solar power plants. First Solar primarily serves utility-scale, commercial, industrial, and independent power producer customers across North America, Asia Pacific, Europe, the Middle East, and Africa. Headquartered in Arizona, United States, and founded in 1999, it maintains a significant manufacturing footprint in the US, Malaysia, Vietnam, and India, and is one of the largest solar module manufacturers in the Western Hemisphere. Today, First Solar plays a central role in supplying solar technology for grid-connected power generation, emphasizing high performance, low carbon intensity, and resource-efficient manufacturing.
Profitability & Growth
Profitability
Recent Year-End
Balance Sheet Snapshot
Total Cash (MRQ)
1.96B
Total Debt (MRQ)
474.7M
Current Ratio (MRQ)
2.56
Book Value / Share
73.99