If issues like climate change and excess consumption aren’t concerning enough, then there’s little doubt soaring energy costs around the world are likely to have many thinking about energy usage.
First Solar is a leading global solar technology company that specializes in the design, manufacture, and sale of solar modules aimed at advancing the fight against climate change, as well as delivering an economically attractive alternative to fossil-fuel electricity. The company’s advanced thin film photovoltaic (PV) modules represent the next generation of cadmium telluride (CdTe) solar technologies, which provide a competitive, high-performance, lower-carbon alternative to conventional silicon PV panels.
In addition to manufacturing solar modules, First Solar also develops and builds large-scale solar power plants. The company’s utility-scale projects located across the globe are capable of generating several megawatts of electricity, enough to power thousands of homes. It also provides engineering, procurement, and construction services for its power plant projects, as well as operations and maintenance services once the plants are up and running, allowing it to manage the entire life cycle of its major projects.
As a unique player among the world’s ten largest solar manufacturers for being the only US-headquartered company and not manufacturing in China, the company is currently heavily concentrated on setting the stage for long-term growth. It continues to develop its CdTe semiconductor technology with new platforms aimed at improving the efficiency of its solar panels and lowering the cost of solar power. Currently focusing on expanding into markets and jurisdictions, in which its CdTe modules provide advantages over conventional silicon technology, it is also scaling its global manufacturing capacity to over 20 gigawatts by 2025, enough to power approximately 20 million homes per year.