QUOTE AND NEWS
SeekingAlpha  Mar 30  Comment 
Benzinga  Mar 12  Comment 
By and large, short sellers loaded up on the leading U.S. solar-related stocks between the February 13 and February 27 settlement dates. Leading that short interest trend were First Solar, Inc. (NASDAQ: FSLR), TerraForm Power Inc (NASDAQ:...
Benzinga  Mar 12  Comment 
On March 10, Raymond James released a research note "Our Initial Thoughts on 8point3 Energy Partners" after review of the "Yieldco" IPO filed by First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation (NASDAQ: SPWR). The first thing that RJ...
Market Intelligence Center  Mar 12  Comment 
The patented options-trade picking algorithms used by MarketIntelligenceCenter.com found a trading opportunity with First Solar Inc (FSLR) that should provide a 8.91% return in just 64 days. Sell one May. '15 call at the $60.00 level for each 100...
Benzinga  Mar 11  Comment 
8point3 Energy Partners LP's initial public offering document filed Tuesday is too sketchy for predictions about its cash flow, according to an analyst. The joint venture formed by SunPower Corporation (NASDAQ: SPWR) and First Solar, Inc....
Motley Fool  Mar 11  Comment 
Despite shares rising more than 30% year-to-date and a valuation of more than 20 times forward earnings, this solar company is still a good buy.




 
     Table of Contents      
Intro and Overview
     Introduction
     Company Overview
Trends and Forces
      Key Trends and Forces
Competition

First Solar is the world’s largest manufacturer of thin-film solar power modules. The company makes cadmium telluride (CdTe) glass substrate based thin film photovoltaic (PV) panels, which are used to convert sunlight into electricity. Although this new technology converts sunlight to electricity less efficiently than traditional silicon PV modules, thin film PV cells have an advantage in producing electricity under lower light conditions. The ability to produce electricity under a wider range of light conditions makes these cells attractive to utility companies who require stable large-scale, utility-sized renewable energy production. The company had revenues of $2,564 million in 2010.[1]

The company's modules have cost advantages over silicon PV cells, however production is heavily dependent on tellurium (Te) supply. It is the major component in First Solar's panels (which are made of Cadmium Telluride), and is one of the nine rarest elements on Earth. Statistically it has been reported that 160 to 215 metric tons of Te are mined each year, which means that First Solar requires 51% to 81% of the world supply of Te. If something happens to this supply or First Solar expands too quickly, there is no guarantee that global supply will hold up.[2]

In response to growing concerns over Global Climate Change, governments (State and Federal) in the United States and Europe have passed legislation to encourage the use of solar power, often through tax subsidies, while discouraging the use of dirtier forms of power. However, these incentives are by no means guaranteed and in some cases are designed to phase out as countries approach certain levels of solar usage.

Company Overview

First Solar's Financials

First Solar has demonstrated strong revenue growth over the past three years. Since 2004, it has more than doubled its revenue each successive year while turning a profit in 2008.

First Solar has continued to work on lowering the cost to manufacture solar modules. In 2008 costs were below $1 per watt and costs dropped to 75 cents per watt at the end of 2010.[1][3]

I somewhat doubt the data was taken home, at least intentionaly. In many IT shops today, desktop computers are being replaced by laptops, even for empoyees who don't travel a lot. One of the reasons for this is to facilitate telecommuting. So think of it in terms of, he downloaded the data to his desktop, and it got stolen. I don't know that this is the case, but it's a distinct possibility.You're never going to keep all the data locked up on servers. It's not practical. In my opinion the only real solution for this is for organizations to employ encryption of their hard drives as a standard.

I don't know about companies in India, but what you might do is look aronud for someone who has a system, then ask where they got it. If you have trouble finding anyone with a system, maybe it's not a very good deal.If the home is in a less-developed area, and all you would be powering is a light, and a radio or TV at night, then you might get by with the kind of system they use in some parts of Africa. It has a 40 or 80-watt panel, and basically a car battery. The appliances run right off the battery, and no charger or other devices are used. This sort of system costs $200-300 when implemented by a nonprofit organization I don't know what the cost if you were to try to set it up, yourself.On the other hand, it sounds like you're already connected to a power grid, and maybe already have a heavy appetite for energy in your house. A solar system with batteries tends to cost about $15 a watt in the USA, when hundreds or thousands of watts are involved. A system for a modest off-grid cabin will cost anywhere from $5000 to $30000, depending on the size.

References

  1. 1.0 1.1 "First Solar, Inc. Announces Fourth Quarter and Year-end 2010 Financial Results," February 24, 2011
  2. [strategic inventory Global Technology Conference
  3. Seeking Alpha - First Solar, Inc. F4Q08 (Qtr End 12/27/2008) Earnings Call Transcript
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