Monthly Archives: July 2010

Founded in 1999 as First Solar Holdings, LLC) in Phoenix, Arizona, the company took the nation by storm, selling to increase panel production abroad in the European Union in a market where the government refuses promise the greatest reward.

But this is changing with the EU, the two largest solar enthusiasts (Germany and Spain) to reduce their subsidies in the wake of the recession in progress. So, First Solar, whose stock took a hit on Q3 projections of global reserves solar panels and lower prices for silicon chips, is in his wings and start pulling at the local level.

First Solar has recently spent $ 100,000,000 for the capacity of its Perrysburg, Ohio, to increase solar module production, adding a fourth production line, the total capacity is the second brand of eight million panels per year (€ 2,000,000) by March 2010. The system also adds space for office and research center that is expected to create 140 new jobs.

First Solar also manufactures in Germany and Malaysia, and – as one of the most prestigious solar companies in the nation – was added to Standard & Poor’s index in the month of October. The S & P stock market is a tool for data analysis, as the Dow Jones and Nasdaq, the leading companies in the U.S. included.

Announced on 24 February, First Solar has led the production costs of solar modules up to $ 1 per watt, three dollars in the last four years, a feat achieved by increasing the production of 50 times.

The company, from production to solar roof, and then expanded in utility scale solar has the first 3 gigawatts of solar energy on earth or is ready to leave, despite the fact that the total U.S. production (first six gigawatts) to rank fourth worldwide, behind Germany, Spain and Japan.

The proposed utility-scale projects face obstacles, both by recession and environmentalists and Western politicians, unlike solar parks in or near the Mojave Desert and other areas of critical habitat. In addition to the 550-megawatt plant in San Luis Obispo County include California, the 250 MW plant in Riverside County, and the project of 200 megawatts planned for San Bernardino.

The projects to complete a 10-megawatt plant in Wyandot County, Ohio;

Seventh 65 megawatts in Blythe, California, with 30 megawatts in Cimarron, New Mexico, and a current contract with the City of rooftop solar panels for residential solar power.

First Solar recently, in collaboration with the Chinese government entered into a two-gigawatt plant in Inner Mongolia Autonomous Region, starting in June, construction of 2010 – a development which is likely to build on current prices feed located in tariff structure in force at the end of this year or early next year, according to a director of First Solar.