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First Solar

First Solar is the only US-headquartered top-10 solar module producer, using CdTe thin-film technology vertically integrated from manufacturing to recycling.

First Solar

First Solar provides PV solar globally. It uses module and system technology.

General information

Firm type

other

Location

Region

North America

Country

United States

City

Tempe

Corporate office

Tempe, AZ, United States

Additional offices

Boston, MA · Dallas, TX · Needham, MA

Sector focus

Energy Transition & RenewablesIndustrial TechClimateTech

Frequently asked questions

Who makes investment decisions at First Solar?

First Solar is a publicly traded company (NASDAQ: FSLR) run by a board of directors and a executive management team. The CEO is Mark Widmar, who has held the role since 2011. The board is responsible for major strategic and capital-allocation decisions. No single family office or private individual controls capital allocation.

How does First Solar source its proprietary deal flow?

First Solar does not source deal flow in the traditional venture sense. Its business is manufacturing and selling solar modules and power-plant development. It generates sales through competitive bidding on utility and commercial projects, long-term supply agreements with independent power producers, and bilateral contracts for turnkey EPC services.

Is First Solar structured as a family office or an operating company?

First Solar is a publicly traded manufacturing corporation. It does not operate as a family office, an asset manager, or an investment vehicle. Its ownership is dispersed among public shareholders. The firm discloses financials quarterly and is subject to SEC reporting.

Does First Solar participate in fund commitments or only direct deals?

First Solar does not make fund commitments. It is a product and project-services company. It sells modules, provides EPC and O&M services, and operates its own recycling business. It is not an investment allocator.

What investment stages does First Solar typically target?

First Solar does not target investment stages. It targets utility-scale and commercial solar power plants as a supplier. Its customers are project developers, utilities, and independent power producers.

Which sectors does First Solar explicitly avoid?

First Solar does not invest in other sectors. It focuses solely on solar photovoltaic technology and associated services. It avoids oil, gas, coal, nuclear, wind, and other energy technologies.

Does First Solar maintain philanthropic structures?

First Solar operates a corporate responsibility program but no separately endowed family foundation is disclosed. It has published annual sustainability and corporate responsibility reports since 2008. The firm does not report any independent philanthropic foundation.

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