First Solar

Tempe, United States Founded: 1999 • Age: 27 yrs
Provider of cadmium telluride-based flexible solar modules
Annual revenue $4.2B Latest available
Total funding - 1 rounds
Employees 8100 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About First Solar

First Solar is a company based in Tempe (United States) founded in 1999 by Mike Ahearn. The company has 8,100 employees as of December 31, 2024. First Solar has completed 5 acquisitions, including Enki Tech, Evolar and NextLight. First Solar offers products and services including Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions. First Solar operates in a competitive market with competitors including Ambient Photonics, Q-Cells, Oxford Photovoltaics, Swift Solar and Heliatek, among others.

  • Headquarter Tempe, United States
  • Employees 8100 as on 31 Dec, 2024
  • Founders Mike Ahearn
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name First Solar, Inc.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.21 B (USD)
    26.75
    as on Dec 31, 2024
  • Net Profit
    $1.29 B (USD)
    55.52
    as on Dec 31, 2024
  • EBITDA
    $1.9 B (USD)
    51.63
    as on Dec 31, 2024
  • Latest Funding Round
    $488 K (USD), Post-IPO

    Jan 29, 2018

  • Investors
  • Employee Count
    8100

    as on Dec 31, 2024

  • Investments & Acquisitions
    Enki Tech

    & 4 more

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IPO & Listings of First Solar

First Solar is a publicly listed company on the NASDAQ with ticker symbol FSLR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: FSLR · Sector: Electronic technology · USA

Products & Services of First Solar

First Solar offers a comprehensive portfolio of products and services, including Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions.

Product name locked
Category locked
Primary

Advanced thin film PV module for efficient energy production and sustainability.

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High-quality thin film PV module for reliable renewable energy applications.

Product name locked
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Comprehensive support for utility-scale and distributed solar generation projects.

Product name locked
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End-of-life recycling services for solar modules to promote responsible disposal.

People of First Solar

Headcount 5000-10000
Employee Profiles 473
Board Members and Advisors 8
Employee Profiles
People
Michael Koralewski
Chief Supply Chain Officer
People
Hardik Patel
Sales & Business Development Manager
People
Alex Bradley
CFO
People
Brihaspati Pandeya
Manufacturing Engineer II

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Board Members and Advisors
people
Anita Marangoly George
Independent Director
people
Lisa Kro
Independent Director

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Funding Insights of First Solar

Investors in First Solar

First Solar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GSA Capital Partners.

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Institutional
Investor Description Founded Year Domain Location
Quantitative trading firm delivering returns through systematic strategies across asset classes.
Locked Locked Locked
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Investor details for First Solar

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by First Solar

First Solar has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Enki Tech, Evolar and NextLight.

Investments
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Investment portfolio details for First Solar

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Perovskite-based solar panels are provided for high-volume production.
Locked Locked 2019 Locked
Manufacturer of single-axis photovoltaic tracking systems
Locked Locked 2011 Locked
Large-scale solar PV plants are developed and operated for mining.
Locked Locked 2010 Locked
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Complete acquisition details for First Solar

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - First Solar

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Detailed financials for First Solar

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  • Profit trends
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First Solar Comparisons

First Solar Primary company
Description
Provider of cadmium telluride-based flexible solar modules
Location
Tempe, United States
Founded Year
1999
Annual Revenue
$4.21 B (USD)
Net Profit
$1.29 B (USD)
EBITDA
$1.9 B (USD)
Employees
8,100
As of 2024
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Peer comparison for First Solar

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Competitors of First Solar

First Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ambient Photonics, Q-Cells, Oxford Photovoltaics, Swift Solar and Heliatek, among others.

Company Name Domain Founded year HQ Location Description
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Solar cells are supplied for powering connected IoT devices.
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Manufactures and sells solar modules for eco-friendly power generation globally.
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Perovskite-based solar cells are provided for BIPV applications.
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Flexible perovskite solar cells are provided using hybrid halide materials.
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Organic solar films and photovoltaic panels are manufactured.
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Detailed competitors of First Solar

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on First Solar

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Complete news archive for First Solar

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about First Solar

First Solar was founded in 1999 and raised its 1st funding round 19 years after it was founded.

First Solar is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.

Mark Widmar is the current CEO of First Solar.

As of Dec 31, 2024, the latest employee count at First Solar is 8,100.

Annual revenue of First Solar is $4.21B as on Dec 31, 2024.

First Solar was founded in 1999 and is headquartered in Tempe, United States. Operations focus on the solar energy sector, where cadmium telluride-based flexible solar modules are produced using advanced semiconductor technology. Comprehensive photovoltaic system solutions are offered to support installation and integration. A program for the collection and recycling of solar modules is managed to handle end-of-life materials. The company serves global markets through its manufacturing and service networks.

First Solar's top competitors include Oxford Photovoltaics, Swift Solar and Tandem PV.

First Solar offers Series 7 Module, Series 6 Module, Ecosystem Solutions, and Recycling Solutions.

Yes, First Solar is publicly traded on NASDAQ under the ticker symbol FSLR.

First Solar has made 5 acquisitions, including Enki Tech, Evolar, and NextLight.

First Solar has 1 investor. Key investors include GSA Capital Partners.

The ticker symbol of First Solar is FSLR on NASDAQ.

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