Its panels are making solar energy cost competitive.
For almost two decades, First Solar has grown into the world’s largest manufacturer of “thin-film” solar panels. Its factories churn out panels at a rate of roughly one per second, and to date it has sold enough 13.5 gigawatts worth, enough to power more than 2 million American homes. Thanks to the company’s R&D efforts, First Solar’s large-scale farms can deliver energy to utilities at record-low prices—low enough to beat out power from dirty fossil fuels. That’s a crucial milestone for those who hope to see the world transition to cleaner energy.
Mark R. Widmar
|Revenues ($M) (Last Fiscal Year)||$3,579|
|Profits ($M) (Last Fiscal Year)||$546|
|Market Value ($M)||$3,957|