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Company reports net sales of $803 million, as nameplate manufacturing capacity increased to 7.9 GW DC.
May 3, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
The photovoltaic industry continues to flourish, and First Solar, Inc. announced good financial results for the first quarter ended March 31, 2021. Net sales for the first quarter were $803 million, an increase of $194 million from the prior quarter, primarily due to an increase in systems revenue driven by US project sales. Operating income for the first quarter was $252 million, compared to $58 million in the prior quarter. “We delivered strong operational and financial results for the first...
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