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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.

Company Information

Impact Segment
Environmental Impact
Sector
Energy
Industry
Energy
CEO
Mark R. Widmar
Websitehttp://www.firstsolar.com
Employees6,350
Company Type
Public
Revenues ($M) (Last Fiscal Year)$3,579
Profits ($M) (Last Fiscal Year)$546
Market Value ($M)$3,957