first-solar

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Daily News Wrap-Up: Smart Meter Deployment Meets Only 10% of Target

Over three and a half years after the government launched a program to install 250 million electricity consumer smart meters by the end of the financial year 2026, the...

March 3, 2025

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Mercom Staff

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Daily Wrap-up
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First Solar Alleges TOPCon Module Patent Infringement by JinkoSolar

U.S.-based solar module manufacturer First Solar has filed a lawsuit against Shanghai-headquartered JinkoSolar, alleging patent infringement of its tunnel oxide...

March 3, 2025

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Melvin Mathew

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Modules

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Solar
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First Solar Beats Revenue Expectations in Q4 2024, Misses EPS Expectations

U.S.-based solar module manufacturer First Solar reported a revenue of $1.51 billion in the fourth quarter (Q4) of 2024, a 31% year-over-year (YoY) increase from $1.16...

February 28, 2025

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Arjun Joshi

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Finance and M&A

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Other
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First Solar Revenue Falls Short in Q3, Revises 2024 Guidance Amid Sector Pressures

U.S.-based solar module manufacturer First Solar announced its financial results for the third quarter (Q3) ended September 30, 2024, revealing a mixed performance amid...

October 31, 2024

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Gautamee Hazarika

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Manufacturing

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Solar
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Daily News Wrap-Up: Financing India’s Renewable Energy Projects

The “Financing the Renewable Energy Sector” session at the Mercom India Renewables Summit 2024 brought together key industry leaders to discuss the current landscape,...

August 1, 2024

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Arshreet Singh

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Daily Wrap-up
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First Solar Q2 Profit Doubles on Higher Module Shipments

U.S.-based First Solar‘s second quarter (Q2) 2024 net income rose 104.8% to touch $349.4 million from $170.6 million last year, primarily driven by higher module...

July 31, 2024

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Arshreet Singh

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Finance and M&A

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Manufacturing

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Solar
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First Solar Opens Plant for Thin Film and Tandem PV Modules in Ohio

U.S.-based photovoltaic (PV) module manufacturer First Solar has commissioned a new 1.3 million square feet research and development facility in Lake Township, Ohio. The...

July 22, 2024

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Arshreet Singh

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Manufacturing

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Modules

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Solar
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ReNew, Waaree and First Solar Lead Solar Manufacturing Capacity Additions in 2023

ReNew, Waaree Energies, First Solar, Adani Solar, and Emmvee Photovoltaic Power led the annual solar module manufacturing capacity additions in the calendar year (CY)...

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First Solar’s Thin Film Modules Approved for Use in DCR Solar Projects

The Ministry of New and Renewable Energy (MNRE) has approved the use of thin film solar modules produced at First Solar’s (FS India Solar Ventures) vertically...

May 10, 2024

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Arjun Joshi

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Manufacturing

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Modules

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Solar
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First Solar Q1 Profit Soars 455% on Strong Sales, Improved Margins

U.S.-based First Solar’s net income for the first quarter (Q1) of 2024 surged by 455% to $236.6 million from $42.6 million in the same quarter last year, with the solar...

May 2, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Daily News Wrap-Up: Maharashtra’s 3 Million Residential Rooftop Solar Target

The Maharashtra State Electricity Distribution Company (MSEDCL) has prepared plans to install 3 million rooftop solar systems on houses in the state under the Pradhan...

February 29, 2024

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Staff

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Daily Wrap-up
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First Solar Swings to Profit in Q4 on Strong US Demand

U.S.-based solar module manufacturer First Solar reported a fourth-quarter (Q4) net income of $349 million, swinging to profit from last year’s loss of $7.5 million, as...

February 28, 2024

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Arshreet Singh

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Finance and M&A
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Daily News Wrap-Up: Reliance, Adani Win SECI’s Electrolyzer Manufacturing Auction

Reliance Electrolyzer Manufacturing (Reliance), John Cockerill Green Hydrogen Solutions, Jindal India, and Adani New Industries were among the winners of Solar Energy...

January 15, 2024

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Mercom Staff

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Daily Wrap-up
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First Solar Opens 3.3 GW Solar Module Manufacturing Facility in Tamil Nadu

U.S.-based photovoltaic (PV) modules manufacturer First Solar has inaugurated its fully vertically integrated solar manufacturing facility in Tamil Nadu. The India...

January 12, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: MNRE’s ₹5.15 billion Solar Program for Tribal Areas

The Ministry of New and Renewable Energy has received the President of India’s approval to implement a new solar power program with an outlay of ₹5.15 billion (~$61.9...

January 8, 2024

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Mercom Staff

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Daily Wrap-up

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