Key Developments: First Solar Inc (FSLR.OQ)

FSLR.OQ on NASDAQ Stock Exchange Global Select Market

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5 Feb 2016
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Latest Key Developments (Source: Significant Developments)

First Solar Inc, California Utility sign agreements for 500MW
Tuesday, 19 Jan 2016 08:00am EST 

First Solar Inc:Says the company and Southern California Edison (SCE) have announced the signing of Power Purchase Agreements (PPAs) for the off-take of electricity generated by four solar projects totaling 500 megawatts (MW)ACof capacity.  Full Article

First Solar Inc gives FY 2016 guidance
Wednesday, 9 Dec 2015 04:05pm EST 

First Solar Inc:Sees FY 2016 Net sales of $3.9 bln to $4.1 bln.Sees FY 2016 Operating Income $260 Mln to $330 Mln.Sees FY 2016 Earnings per fully diluted share of $4.00 to $4.50.  Full Article

First Solar Inc gives FY 2015 guidance above analysts' estimates
Tuesday, 4 Aug 2015 04:04pm EDT 

First Solar Inc:Expects FY 2015 Net Sales of $3.5 bln to $3.6 bln.Expects FY 2015 Operating Income of $330 mln to $370 mln.Expects FY 2015 Earnings per Share of $3.30 to $3.60.FY 2015 revenue of $3.4 bln , net income $246 mln and EPS of $2.36 - Thomson Reuters I/B/E/S.  Full Article

First Solar Inc gives Q2 2015 EPS guidance above analysts' estimates; gives Q2 2015 revenue guidance
Thursday, 30 Apr 2015 04:52pm EDT 

First Solar Inc:Expects Q2 2015 net Sales of $750 to $850 million.Expects Q2 2015 earnings of $0.45 to $0.55 per fully diluted share, including a non-recurring tax benefit of about $0.40.Q2 2015 revenue of $780 million and EPS of $0.40 - Thomson Reuters I/B/E/S.  Full Article

Caterpillar Inc Signs Strategic Alliance with First Solar Inc
Thursday, 30 Apr 2015 04:30pm EDT 

Caterpillar Inc and First Solar Inc:Says strategic alliance to develop an integrated photovoltaic (PV) solar solution for microgrid applications.Under the agreement, First Solar will design and manufacture a pre-engineered turnkey package for use in remote microgrid applications, such as small communities and mine sites.Says package will feature Cat-branded solar panels manufactured by First Solar and will include a balance of system components.Says Caterpillar will exclusively sell and support the integrated solution featuring Cat-branded solar panels through its worldwide Cat dealer network, along with its current offerings of generator sets and energy storage.  Full Article

First Solar Inc gives Q1 2015 guidance
Tuesday, 24 Feb 2015 04:05pm EST 

First Solar Inc:Expects Q1 2015 net Sales of $550 to $650 million.Expects Q1 2015 loss of ($0.25) to ($0.35) per fully diluted share.  Full Article

First Solar and SunPower plan to partner to form Joint YieldCo Vehicle
Monday, 23 Feb 2015 04:30pm EST 

First Solar and SunPower:Says they are in advanced negotiations to form a joint YieldCo vehicle (the YieldCo) to which they each expect to contribute a portfolio of selected solar generation assets from their existing portfolio of assets.Upon the execution of a master formation agreement, the parties intend to file a registration statement with the Securities and Exchange Commission (the SEC) for an initial public offering of limited partner interests in the YieldCo (the IPO).Formation of the YieldCo and completion of the IPO are subject to, among other things, the execution of definitive documentation, each party's board approval and regulatory approval.Says there is no assurance that the YieldCo will be formed or that the IPO will be consummated or that any other transaction will occur.  Full Article

First Solar maintains FY 2014 EPS guidance
Thursday, 6 Nov 2014 04:09pm EST 

First Solar Inc:Maintains FY 2014 earnings per share (EPS) guidance of $2.40 to $2.80.FY 2014 EPS of $2.60 - Thomson Reuters I/B/E/S.  Full Article

First Solar Inc maintains FY 2014 EPS guidance
Tuesday, 5 Aug 2014 04:05pm EDT 

First Solar Inc:Maintains FY 2014 earnings per share (EPS) guidance of $2.40 to $2.80.FY 2014 EPS of $2.70 - Thomson Reuters I/B/E/S.  Full Article

First Solar Inc to acquire technology provider skytron-energy from AEG Power Solutions
Tuesday, 3 Jun 2014 03:01am EDT 

First Solar Inc:Enters into an agreement to acquire skytron-energy, a subsidiary of AEG Power Solutions, which provides utility-scale photovoltaic (PV) power plant management systems, Operations and Maintenance (O&M) services, data monitoring technology, and equipment to solar power plants throughout Europe.Acquisition is subject to consent by the German merger control authorities (Bundeskartellamt).Terms of the deal were not disclosed.Acquisition supports First Solar`s initiative to provide full, end-to-end energy solutions that vertically integrate solar services and solutions.Says it broadens First Solar`s portfolio of energy assets operated and maintained by the company and establishes a strategic opportunity to offer additional value-added services to both existing and new customers in Europe.  Full Article

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