First Solar Tears Up Its Game Plan to Bet Big on Series 6
With a backdrop of the solar industry in a tailspin and module pricing cratering, First Solar held a very meaningful 2017 guidance call that included some major strategic changes to how it will develop its business in the coming years. With margin pressures becoming more severe, the firm decided to skip a step on its technology/manufacturing road map and scrap the Series 5 solar module that was due to be ushered into production. Instead, the company plans to skip ahead and begin investing in rol...First Solar is a provider of photovoltaic (PV) solar energy solutions. The company designs, manufactures and sells PV solar modules with a thin film semiconductor technology, and also develops and sells PV solar power systems that mainly use the modules it manufactures. The company also provides operations and maintenance (O&M) services to system owners. The company's modules segment involves the design, manufacture and sale of cadmium telluride solar modules, which convert sunlight into electricity. The company's second segment is its systems segment, through which it provides power plant solutions, which include project development, engineering, procurement, and construction services and O&M services.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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