First Solar
American solar power company
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| 2024 | First Solar disclosed an audit that discovered the use of forced labor in a Malaysian factory producing parts for the company. |
| February 2024 | Forecasts production costs of 18.8 Cent/Watt and average sales prices of 18.2 Cent/kWh for approximately 16 GW of sales. |
| 2023 | Reports selling 11.4 GW of solar modules and having an Operational Annual US Cell Capacity of 6.5 GW. |
| August 2023 | Publishes Sustainability Report highlighting Environmental, Social, and Governance (ESG) metrics, including investigations into human rights and forced labor in the solar power supply chain. |
| May 2023 | First Solar acquired Evolar, a European company providing perovskite technology, in a deal valued at $38 million USD. |
| 2022 | First Solar became the biggest beneficiary of $1 trillion in environmental spending under the Inflation Reduction Act, with company executives and lobbyists meeting multiple times with administration officials. |
| 2019 | Expected to pass annual shipments of 5,400 MWp of solar panels. |
| July 1 2016 | Mark Widmar was appointed CEO of First Solar, previously serving as the company's chief financial officer. |
| 2015 | Completed the 53 MW Broken Hill solar project in New South Wales, Australia, as part of the larger 159 MW AGL Energy solar installation. |
| 2014 | Completed the Antelope Valley Solar Ranch in Los Angeles, CA, a 230 MW solar project acquired by Exelon Corp. |
| December 2014 | The Ramat Hovav solar field became fully operational in Israel, constructed by Belectric with a nominal capacity of 37.5 MW, located on a previous evaporation pond. |
| February 2013 | Production cost further reduced to $0.68 per watt, continuing the company's trend of improving manufacturing efficiency. |
| 2012 | First Solar achieved record sales of over $3.37 billion, but experienced a net loss of $96.3 million (equivalent to $1.11 per share) due to restructuring efforts. |
| April 17 2012 | First Solar announced a worldwide restructuring of operations, including phasing out operations in Frankfurt, Germany and idling production lines in Kulim, Malaysia, resulting in a 30% workforce reduction. |
| December 2011 | Company strategically shifts focus away from subsidy-dependent European markets to utility-scale PV systems in more sustainable markets, including the U.S., India, and China. |
| 2010 | First Solar's cadmium telluride modules were significantly cheaper at $0.67 per watt, compared to the average crystalline-silicon photovoltaic module cost of $1.85 per watt. |
| 2010 | First Solar expands production in Perrysburg, Ohio, continuing its manufacturing growth. |
| July 2010 | First Solar formed a utility systems business group to address large-scale PV systems solutions market. |
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