FSLR’s Solar farm in Mongolia We are Greenworldinvestor have chronicled how First Solar’s (FSLR) massive solar farm to be built in Mongolia was a non-starter right from the beginning. The plant which was announced in 2009 was just a gesture by the Chinese, to show USA that they would also help the US industry grow. [...]

First Solar (FSLR) is amongst the world’s largest utility scale solar system installers and producer of solar panels. The company recently released its Q114 results, which showed improvement in revenues, gross margin, shipments, project pipeline etc. FSLR has managed to sharply reduce the cost of its thin film Cadmium Tellurium (Cd-Te) modules, as well as [...]

First Solar sells Assets at Loss We have been consistently bearish on First Solar during the entire rally of the solar sector in the last one year because we think that the company’s technology is non-competitive with the mainstream crystalline silicon technology. It does not take a rocket scientist to compare the costs and efficiency [...]

Thin Film Share to Plunge Further We in Greenworldinvestor have been saying for a long time that thin film PV solar is a losing investment. There have been numerous bankruptcies during the last major downturn in 2008; and this time has been even worse. Most of the thin film startups have gone belly up and [...]

My last article on GE-FSLR collaboration raised many readers’ doubts about why I think this agreement will not be very fruitful. Hence here goes another article to further emphasize on my stance. Cadmium Tellerium technology which has been made popular by First Solar (FSLR) is in imminent danger of being made obsolete by the huge [...]

FSLR acquires GE’s Thin Film technology First Solar is the world’s leading producers of solar panels with a solar panel technology that differs from almost all of its competitors. First Solar Solar Panels use Cadmium-Tellurium Thin Film Solar technology, while the majority of the Solar Industry uses Crystalline Silicon Technology. Despite stiff competition from the silicon technology and [...]