Skip to Content

    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.

    Fortune Data StoreLooking for leads, investment insights, or competitive intelligence?Get Premium Access

    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