First Solar, Inc. (FSLR) is an American provider of comprehensive photovoltaic (PV) solar solutions that use its advanced solar module technology. The company's integrated power plant solutions deliver cost-efficient solar energy services to various segments across the world with a strong presence in both developed and emerging markets. The publicly traded company was founded in 1999, and its stock is listed on the NASDAQ exchange.
First Solar designs, manufactures, and sells solar electric power modules using a proprietary thin film semiconductor technology which significantly differentiates the company from its competitors that use traditional crystalline silicon solar cells. Furthermore, the company is recognized for producing solar modules with some of the industry's highest conversion efficiencies and for pioneering the solar leasing model.
First Solar is also actively engaged in project development, engineering, procurement, and construction (EPC) services, as well as operations and maintenance (O&M) services. This enables them to offer end-to-end solar solutions, from planning and construction to operating solar power plants. This range of expertise makes the company a go-to provider for utilities, independent power producers, commercial and industrial companies, and other system owners that want to harness the power of the sun in a sustainable and cost-effective way.
Over the years, First Solar has been a frontrunner in the transition towards a sustainable energy future, constantly innovating and working towards efficiency and cost reduction. With more than 25 gigawatts (GW) installed worldwide, First Solar has a substantial and expanding global footprint.
The company's commitment to sustainability extends beyond solar energy generation and includes an industry-leading module recycling program, minimizing environmental impact through the entire life cycle of its products. Highlighting its commitment to responsible corporate behavior, First Solar has earned recognition from the Dow Jones Sustainability Index and other leading environmental, social, and governance (ESG) ratings.
In conclusion, First Solar stands out in the solar industry for its comprehensive solar solutions, advanced technology, and commitment to sustainability. Its innovative approach to solar power solutions has established it as a leader in the industry, driving a more sustainable future.