It was announced yesterday that First Solar (FSLR) has cleared the last of the red tape needed to get the big 230MW AV Solar Ranch project in LA County off the ground. If you’re a regular reader here, you might remember that back in October there were fears that this project would be delayed until 2012 due to an appeal by Northrop Grumman which was concerned the project would disturb their secret testing facility in … Read the rest
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FSLR Raises Shipments Guidance For 2011, But Analysts See Potential Delays For Solar Ranch Due To Northrup Grumman Appeal
Yesterday First Solar (FSLR) raised its shipment guidance for 2011 and now sees shipments increasing 380MW over previous estimates due to signed agreements with seven key customers that will primarily serve European markets.
"Our customers continue to expect robust growth in the market for solar electricity in Europe next year," said Stephan Hansen, managing director of First Solar’s European sales and customer service organization. "The additional volumes will allow First Solar to continue to scale … Read the rest