Skip to main content

3rd Update: First Solar to Boost Production as Profit, Sales Climb

Thursday, Aug 02 2012

Share
Solar in the News

The Wall Street Journal

--First Solar to increase manufacturing this year to meet rising demand

--Company is expanding in U.S., India, Middle East, Australia, Chile

--CEO touts advantages over rivals in oversupplied global market

First Solar Inc. (FSLR) said it will boost production to meet rising demand, despite a glut in the global solar-panel market, and the company's second-quarter profit jumped 82%, triggering a stock rally.