First Solar Completes Acquisition of NextLight Renewable Power

According to the press release, “First Solar, Inc. (Nasdaq: FSLR) today announced it has completed the acquisition of NextLight Renewable Power, LLC, a solar development firm formed by the inaugural fund of Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. With the NextLight acquisition, First Solar now has [...]

First Solar Joins the Desertec Industrial Initiative

According to the press release, “First Solar Inc. (NASDAQ: FSLR) on Tuesday announced that it had joined the Desertec Industrial Initiative as an Associated Partner to demonstrate the potential of photovoltaic (PV) solar technology to provide clean, sustainable energy on a vast scale by harnessing the desert sun. A leader in utility-scale solar power plants, [...]

First Solar Signs Contract with PG&E for 300 MW Photovoltaic Solar Power Project

According to First Solar, “First Solar, Inc. (Nasdaq: FSLR) today announced a power purchase agreement to supply Pacific Gas and Electric Company with renewable electricity from a 300 megawatt (AC) utility-scale photovoltaic solar power facility that First Solar is developing in Southern California. The Desert Sunlight project, to be located near Desert Center in eastern [...]

First Solar Acquires Solar Project Development Pipeline from Edison Mission Group

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR), one of the world’s largest solar module manufacturers and utility systems providers, has completed the acquisition of a portion of Edison Mission Group’s (EMG) solar project development pipeline. The utility-scale solar projects are located in California and the Southwest. “Acquiring the EMG development pipeline extends [...]

A loss for First Solar

First Solar, one of the premier solar power companies has taken a few hits lately. One of their most recent issues has led to the stopping of one of their projects in Colorado, United States. In Colorado, First Solar was to build a 150 Mega-watt solar facility in the high desert of the San Luis [...]

First Solar Becomes First PV Company to Produce 1GW in a Single Year

According to the Press Release, “First Solar Inc. (Nasdaq: FSLR) today announced it has manufactured and shipped more than 1 gigawatt (GW) of its photovoltaic (PV) solar modules in 2009, becoming the first PV company to attain this production volume in a single year. One gigawatt of solar modules produces enough electricity to serve the [...]

First Solar and Ordos Take Key Step Forward in 2GW China Project

According to the Press Release by First Solar, “First Solar, Inc. (Nasdaq: FSLR) today announced a Cooperation Framework Agreement with the Chinese government that takes another critical step towards the realization of the world’s largest solar power plant in the autonomous region of Inner Mongolia, China. First Solar President Bruce Sohn and Mayor Yun Guangzhong [...]

Solar Recycling

Green technology is the way of the future, as it will provide consumers and businesses a cleaner way of completing essential tasks while having far less of a negative impact on the environment. Green energy, in the forms of solar, wind, geo-thermal and hydro will soon gain a bigger foothold in electric grids across the [...]

Solar Business – Ups and Downs

While green technology has taken off around the world, in several areas the concentration of an environmentally friendly ideal has truly sprouted wings. While the enlightened masses try their best to do their part to stave off global warming and reduce their carbon footprint, for some it is simply not enough. There is now a [...]

First Solar to Team With Ordos City on Major Solar Power Plant in China Desert

Press release states, ” Sep. 8, 2009– First Solar today announced a memorandum of understanding (MOU) with the Chinese government to build a 2 gigawatt solar power plant in Ordos City, Inner Mongolia, China. Pursuant to the MOU, signed in the presence of Chairman Wu Bangguo of the Standing Committee of the National People’s Congress [...]