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FSLR Raises Shipments Guidance For 2011, But Analysts See Potential Delays For Solar Ranch Due To Northrup Grumman Appeal

solar farm 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