QUOTE AND NEWS
TheStreet.com  11 hrs ago  Comment 
NEW YORK (TheStreet) -- First Solar was gaining 4% to $71.22 Friday after Citigroup raised the price target for the solar power equipment maker to $87 from $63. Analyst Shahriar Pourreza reiterated a "buy" rating for the stock. Pourreza said...
Benzinga  Apr 4  Comment 
Shares of First Solar (NASDAQ: FSLR) are recovering a portion of Thursday's losses in Friday's pre-market trading, up 1.5 percent, after Citigroup raised the price target from $63 to $87 and reiterated a Buy rating. Analyst Shahriar Pourreza...
TheStreet.com  Apr 4  Comment 
 DELAFIELD, Wis. (Stockpickr) -- Anyone who has traded the markets long enough knows that momentum investing cuts both ways. Momentum is a trader's best friend when the market is soaring to the upside. Traders know that breakouts above previous...
SeekingAlpha  Apr 3  Comment 
By Pricechart Guy: Company Background First Solar (FSLR) is a formidable corporation in the energy industry. It is a leader in solar panel development and sales. Since its beginnings as "First Solar Holdings LLC" at the close of the 1990s,...
SeekingAlpha  Mar 30  Comment 
By Stock Gamer: The share price of First Solar (FSLR) has risen substantially by 154% over the past 12 months, compared to just an 18% return for S&P 500. In my view, there remains ample room for further price appreciation given the stock's...
Benzinga  Mar 28  Comment 
Among the leading U.S. solar-related stocks, Advanced Energy Industries (NASDAQ: AEIS), First Solar (NASDAQ: FSLR) and SolarCity (NASDAQ: SCTY) saw the largest swings in the number of shares sold short in the first two weeks of March. Short...
SeekingAlpha  Mar 28  Comment 
By Wall Street Titan: Both Fuel Cell Energy (FCEL) and First Solar (FSLR) are alternative energy companies that manufacture large power plants to provide clean energy in the megawatt class market. They both compete with the grid and seek to...
SeekingAlpha  Mar 25  Comment 
By Trefis: During its analyst day event held last week, First Solar (FSLR) presented an updated road map for its Cadmium Telluride (Cd-Te) thin film panels, indicating that conversion efficiencies, which have typically been one of the company's...
StreetInsider.com  Mar 24  Comment 
52-Week High: Intellicheck Mobilisa, Inc. (AMEX: IDN) $1.79. Intellicheck Mobilisa shooting to a new, 52-week high ahead of its quarterly report, which is expected out Tuesday morning, before markets open. China Recycling Energy Corp. (Nasdaq:...




 
     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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki