Company Overview
First Solar, Inc. is a leading American solar technology company and global provider of responsibly produced, eco-efficient solar modules that is advancing the fight against climate change. Founded in 1990 in Perrysburg, Ohio, First Solar has established itself as a pioneer in thin-film cadmium telluride (CdTe) photovoltaic technology, differentiating itself from traditional silicon-based solar panel manufacturers. The company designs, manufactures, and delivers advanced solar modules and provides comprehensive PV power plant solutions to utility-scale developers and operators worldwide.
Headquartered in Tempe, Arizona, First Solar operates with a remarkable commitment to sustainability and innovation. The company's manufacturing process is exceptionally efficient, transforming a sheet of glass into a ready-to-ship solar panel in approximately four hours. First Solar has achieved commercial production with CdTe modules exceeding 20% conversion efficiency, demonstrating continuous improvement in technology performance. In 2024, the company sold a record 14.1 gigawatts of solar modules and reported net sales of $4.2 billion, representing significant growth from the previous year's $3.3 billion.
First Solar differentiates itself through vertical integration, environmental responsibility, and technological leadership. The company maintains manufacturing facilities across the United States (Ohio, Alabama, Louisiana), India, Vietnam, and Malaysia, with total annual nameplate capacity of 23.5 GW as of 2025. First Solar was the first solar company to achieve the EPEAT Climate+ designation, which recognizes ultra-low carbon solar technologies that meaningfully support decarbonization efforts. The company has earned consistent recognition as one of America's Most Responsible Companies and ranks among the Global 100 Most Sustainable Corporations, reflecting its commitment to environmental stewardship and corporate responsibility throughout its operations and product lifecycle.
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First Solar is an emerging player bringing innovative solutions to the Climate & Energy market.
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