Flexible Electronics News

First Solar Reports 4Q, Full Year 2021 Financial Results

Net sales for the fourth quarter were $900 million, an increase of $300 million from the prior quarter.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

First Solar, Inc. announced financial results for the fourth quarter and year ended Dec. 31, 2021. Net sales for the fourth quarter were $0.9 billion, an increase of $0.3 billion from the prior quarter. The increase was primarily a result of international project sales and increased module sales in the fourth quarter. Net sales were $2.9 billion for 2021 and $0.9 billion for the fourth quarter. There are 17.5 GW DC of 2021 net bookings and 11.8 GW DC since third quarter earnings call. The 202...

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