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Enbridge and First Solar Announce Completion of 50-MW Silver State North Nevada Solar Project

       

Enbridge Inc. (TSX, NYSE: ENB) and First Solar, Inc. (NASDAQ:  FSLR) announced the completion of Enbridge Inc.’s 50-megawatt (AC) Silver State North Solar Project in Clark County, Nevada.

U.S. Secretary of the Interior Ken Salazar dedicated the first utility-scale solar facility built on public lands at a ceremony today near the community of Primm.

First Solar, Inc. Announces First Quarter 2012 Financial Results

       

First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the first quarter of 2012. Net sales were $497 million in the quarter, a decrease of $163 million from the fourth quarter of 2011, primarily due to lower volumes for module-only sales, and $70 million below the first quarter of 2011, primarily due to lower average selling prices and lower volumes for module-only sales, which was partially offset by higher systems revenue.

MidAmerican Solar and First Solar Announce Start of Major Construction on Largest Solar Project in the World

       

MidAmerican Solar and First Solar, Inc. (Nasdaq: FSLR) marked the start of major construction at Topaz Solar Farms, located in San Luis Obispo County, Calif. The 550-megawatt photovoltaic project will employ approximately 400 workers during its three-year construction period; will generate nearly $417 million in local economic impact, the majority of which will be generated during construction; and will provide California with renewable electricity.

NRG Energy, MidAmerican Solar and First Solar Celebrate 100 MW Milestone for 290 MW Agua Caliente Solar Project

       

Representatives from NRG Energy, Inc. (NYSE: NRG), MidAmerican Solar and First Solar, Inc. (NASDAQ: FSLR) gathered with federal and local officials today at the 290 megawatt (AC) Agua Caliente solar project in Yuma County, Ariz., to celebrate the project's first 100 megawatts (MW) being delivered to the grid, making it North America's largest photovoltaic (PV) power plant in operation.

First Solar Marks First Anniversary of 3 MW Sai Sena PV Project in Thailand

       

First Solar, Inc. (Nasdaq: FSLR) and Solarta Co., Ltd., marked the first anniversary of the successful completion of the 3 megawatt (MW) (DC) Sai Sena Solar project in Sena, Ayutthaya, Thailand.  

First Solar Restructures Operations to Align with Sustainable Market Opportunities

       

First Solar, Inc. (NASDAQ: FSLR) announced it is restructuring its operations in response to deteriorating market conditions in Europe and to reduce costs and align its organization with sustainable market opportunities. As part of this program, First Solar will close its manufacturing operations in Frankfurt (Oder), Germany, in the fourth quarter of 2012. Additionally, the Company will indefinitely idle four production lines at its manufacturing center in Kulim, Malaysia, on May 1, 2012.

Australia's Largest Solar PV Project Reaches Major Construction Milestone

       

Australia's largest solar photovoltaic (PV) power project reached a major construction milestone today as contractor and technology provider, First Solar, Inc. (Nasdaq: FSLR), joined owners Verve Energy and GE (NYSE: GE) unit GE Energy Financial Services to mark the commencement of panel installation at the Greenough River Solar Farm.

Antelope Valley Solar Ranch One Receives First Loan Advance

       

Exelon Corporation (NYSE: EXC) and First Solar, Inc. (Nasdaq: FSLR) announced that the Antelope Valley Solar Ranch One project has received the first advance of a loan guaranteed by the U.S. Department of Energy's Loan Programs Office, finalizing Exelon's ownership of the project.

First Solar Powers 40 MW (AC) Solar Power Plant in India

       

First Solar, Inc. (Nasdaq: FSLR) announced the commissioning by Reliance Power Ltd., a Reliance ADA Group company, of a 40 megawatt (MW) (AC)  ground-mounted solar photovoltaic power plant in the state of Rajasthan that will provide clean energy to Mumbai.The recently completed project was built in just five months.

First Solar Malaysia Supports Local Education

       

First Solar Malaysia Sdn Bhd today presented Sekolah Kebangsaan Ladang Bukit Sidim (Sidim Hill Plantation Elementary School) with educational and financial support to enhance the school's educational environment. The company's contribution covers the purchase of reference books for students and the library and school uniforms, the organization of a motivational workshop for parents, incentives for teachers providing after-school classes for students and the construction of a futsal court.

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