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FIRST SOLAR SELLS OUT PRODUCTION THROUGH Q3 2013

Posted by Industry News on May 6, 2013

GigaOM // May 06, 2013

Due to increased demand from markets like Japan and better supply management, First Solar has sold out of panels through the third quarter. The news suggests that the solar panel manufacturing market may be stabilizing, after several panel manufacturers shuttered last year. Gigaom reports:

For the past three years, First Solar’s executives have discussed in earnest the need to grab market share in emerging markets such as India, China, the Middle East and Latin America. Germany was once its largest market, but the country, which has steadily reduced its government incentives for solar energy generation, accounted for just three percent of its sales in 2012, according to First Solar’s 2012 annual report.
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Topics: Industry News