Flexible Electronics News

First Solar Passes $1 Per Watt Industry Milestone

Company cuts manufacturing cost to 98 cents per watt in fourth quarter

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced it reduced its manufacturing cost for solar modules in the fourth quarter to 98 cents per watt, breaking the $1 per watt price barrier. “This achievement marks a milestone in the solar industry’s evolution toward providing truly sustainable energy solutions,” said Mike Ahearn, First Solar chief executive officer. “First Solar is proud to be leading the way toward clean, affordable solar electricity as a viable alternative to fossil fuels.” First Solar began full...

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