And it's bound to shine even brighter in the coming year. First Solar's Perrysburg, Ohio, production line is currently being re-tooled with the equipment needed to move production from the firm's "series 4" P modules to "series 6". The company unveiled plans in April to move to a 1.2 x 2 meter large-format Series 6 module in 2019, but to first deploy its Series 5, which features three series 4 modules on twin steel rails with a single electrical interconnection. Incredibly, their efficiency is now on par, or even slightly above, th… IPhone afficionados, iMac enthusiasts, and millions of other users operating within Apple's ecosystem and who rely on the company's cloud storage will soon have First Solar to thank -- in part -- for helping them to back up their data. The numbers are already indicating that the next few years will be massive for First Solar. Learn about our component and structure partners. HOME PRODUCTS & SERVICES DATASHEETS SOLAR PANELS FIRST SOLAR, LLC PV MODULE -- THIN FILM SERIES 4 V3 First Solar, LLC List your products or services on Engineering360. It's hard to debate First Solar's leading position in the industry. First Solar appears to have come to the end of the line for the smaller format in its Series 4 and previous modules. Let's shine some light and learn a few things that will help to provide a more complete view of the company. At that point, First Solar will have 4.2 GW/year of Series 6 capacity. Solar-powered airplanes – In 1981, Paul MacCready built Solar Challenger, the first aircraft to run on solar power, and flew it across the English Channel from France to the U.K. According to its website, First Solar has the lowest carbon footprint among all photovoltaic (PV) technologies, and the company cites one study that found that the environmental footprint of the Series 6 module is expected to be up to four times lower than the average PV product. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Unlike most solar panel manufacturers that use multi-crystalline silicon technology, First Solar produces thin-film solar modules that contain the chemical compound, Cumulative Growth of a $10,000 Investment in Stock Advisor, 7 Things You Didn't Know About First Solar @themotleyfool #stocks $FSLR, Why Solar Energy Stocks Popped Double Digits Today, Why First Solar Stock Rocketed More Than 80% in 2020, Copyright, Trademark and Patent Information. In the current session, First Solar Inc. (NASDAQ:FSLR) is trading at $104.75, after a 1% increase. First Solar® FS Series 2™ PV Modules are IEC 61646 and IEC 61730 certified for use in systems up to 1000 VDC, and meet the requirements of Safety Class II. Located in California, Caliente Flats is a 280 megawatt solar facility that First Solar is currently in the process of developing. In 1998, the remote-controlled solar airplane “Pathfinder” set an altitude record after reaching 80,000 feet. In this system a shared rail self-locates underneath the frames of two adjacent modules. Returns as of 01/14/2021. First Solar, Inc. is an American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services that include finance, construction, maintenance and end-of-life panel recycling. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. In its most-recent 10-K, the company notes that its modules "use up to 300 times less water per MW hour than conventional energy and up to 12 times less water than other solar technologies.". From providing engineering services for solar projects to operations and maintenance of the completed systems, First Solar (NASDAQ:FSLR) is a vertically integrated company that represents one of the most recognizable and respected names in the solar industry. His focus includes renewable energy, gold, and water utilities. FIRST SOLAR MODULES–WORLD LEADING RELIABILITY 1-Panasonic HIT, Kyocera, Hanwha, Inventec, 2- Sunpower (residential module only, First Solar Production fleet) •IEC 61646/IEC 61730 1500V Certification •External Thresher Certification Pass! To learn more about our use of cookies, please visit our, Learn about our component and structure partners, Superior temperature coefficient, spectral response and shading behavior means more energy per watt vs. conventional c-Si modules, Innovative under-mount frame with SpeedSlots™ enable the industry’s fastest installation times and lowest mounting hardware costs, Dual junction box design eliminates the need for wire management, Immune to and warranted against power loss from cell cracking, Industry’s best environmental profile with the lowest carbon and water footprint, and fastest energy payback, Includes all of the advantages of Series 6, Larger form factor provides more watts per module, with minimal impact to structure design, Enhanced BOS savings through fewer connections and less mounting hardware per watt. However, Series 6 … Tracing its roots back to 1999, First Solar has been demonstrating its solar energy prowess for nearly 20 years, and it has been an option for investors interested in gaining exposure to the renewable energy industry since its initial public offering in 2006. See our structure partners optimized for our technology, The most tested and reliable module on the market, Discover a better energy prediction software, We use cookies in order to deliver the best possible user experience on this website. . Instead of producing solar panels made from crystalline silicon (like we see on our neighbors’ roofs), First Solar is the world’s leading producer of Cadmium Telluride (CdTe) thin film panels.Once limited in use due to their low efficiency compared to silicon panels, thanks to First Solar’s dedicated research CdTe technology has made leaps and bounds in the last few years. First Solar Malaysia Sdn. Vistra Corp. Buys American, Selects First Solar PV Modules for Texas Projects Oct 21, 2020 Verified Sustainable: First Solar Series 6 is World’s First EPEAT-Rated PV Module First Solar released Series 6 solar module,The newest CDTE thin film solar module,Lower cost,More Power.First Solar is the strategic partner of Cat Solar power. In 2017, the company claimed two world records for thin-film cell efficiency and module efficiency of 22.1% and 18.2%, respectively. A single set of clamps are mounted to this rail, which are used to secure the two modules. Solar Panel Series FS Series 3™ Black - Global. Expected to enter full production mode in late 2019, First Solar's new manufacturing facility, located in northwestern Ohio, will have an annualized capacity of 1.2 gigawatts, tripling the company's current U.S. production capacity. In addition to powering one of its data centers, Apple intends to help use the solar-generated electricity to keep the lights on at its other facilities in the state. 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