- First Solar (FSLR +10.6%) aims to increase its lead-line module manufacturing efficiency from 13.9% in Q4 to 15.6%-15.8% by the end of 2015, 17.7%-18.4% in 2016, and 18.1%-18.9% in 2017.
- Installed manufacturing capacity is expected to grow from less than 2GW in 2014 to 3.5GW in 2018, with deployable capacity rising above 4GW.
- The company says it has produced a thin-film module with a record 17% efficiency (up from a prior 16.1%). First Solar has already developed a thin-film cell with a 20.4% efficiency.
- First Solar is extending its partnership with GE to include developing a new utility-scale plant design the companies assert "significantly increases the size of the solar array served by each inverter and reduces the number of inverter/transformer stations required for each plant" to convert DC power into grid-ready AC power.
- First Solar's TetraSun unit (high-efficiency silicon solar cells) is set to begin production in late 2014.
- Previous: First Solar soars after setting 2014-2016 guidance
Solar Stocks List
Solar Pure Plays:
•SunPower Corporation (Nasdaq: SPWR)
•First Solar Inc. (Nasdaq: FSLR)
•Evergreen Solar (Nasdaq: ESLR)
•SunTech Power Holdings (NYSE: STP)
•Trina Solar (NYSE: TSL)
•Solarfun Power Holdings (Nasdaq: SOLF)
•Canadian Solar Inc. (Nasdaq: CSIQ)
•JA Solar Holdings (Nasdaq: JASO)
•China Sunergy (Nasdaq: CSUN)
•LDK Solar (NYSE: LDK)
•ReneSola Ltd. (NYSE: SOL)
Smaller companies with Solar exposure:
•Hoku Scientific (Nasdaq: HOKU)
•Daystar Technologies (Nasdaq: DSTI)
•Spire Corporation (Nasdaq: SPIR)
Solar Energy ETFs:
•Market Vectors Solar Energy ETF (KWT)
•Claymore/MAC Global Solar Energy (TAN)
Bigger companies with Solar exposure:
•MEMC Electronics (NYSE: WFR)
•General Electric Co. (NYSE: GE)
•Boeing Co. (NYSE: BA)
•British Petroleum (NYSE: BP)
•Royal Dutch Shell (NYSE: RDS-B)
•Kyocera (NYSE: KYO)
•Applied Materials (Nasdaq: AMAT)
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