Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  First Solar, Inc.    FSLR

Delayed Quote. Delayed  - 08/31 10:00:00 pm
37.82 USD   -1.12%
08/18 FIRST SOLAR : makes inroads in Turkish solar market
08/15 FIRST SOLAR : Wins 160mw of module contracts in turkey
08/13 FIRST SOLAR : wins 160 MW in module contracts in Turkey
News SummaryMost relevantAll newsSector news 

First Solar, Inc. : First Solar Establishes Indian Operating Company,

share with twitter share with LinkedIn share with facebook
share via e-mail
05/03/2012 | 08:35pm CEST

NEW DELHI - May 3, 2012- First Solar, Inc. (NASDAQ: FSLR) today announced the appointment of Sujoy Ghosh as Country Head to lead business development in India and manage the Company's new entity based in New Delhi. In this new role, Ghosh will be responsible for advancing and executing First Solar's business strategy to expand the market for utility-scale solar photovoltaic (PV) power plants and to deliver value to Indian solar power producers. He reports to Jim Brown, First Solar Executive Vice President for Global Business Development.

With more than 20 years of Industry experience, Ghosh joins First Solar from GE Energy, where he was the regional general manager for the Power Generation business. He has worked in a diverse range of businesses from transmission and distribution to thermal power generation to renewable energy. Prior to joining GE, Ghosh worked at Tata Honeywell in sales and market development for 13 years.

"India is a land of immense opportunity for solar energy and First Solar, and we will continue to invest here as part of our strategy to develop sustainable, utility-scale solar markets where energy demand is strong and growing," said Brown. "Sujoy's extensive experience in the energy industry and strong understanding of the Indian market will be invaluable to First Solar as we work to help India meet its energy needs with clean solar power."

"India is taking a progressive approach by incorporating clean, renewable sources of power in its plans to address its growing energy needs," said Ghosh. "I am pleased to join First Solar, which has proven solutions to support India's energy and economic growth."
India is expected to become one of the world's major solar markets due to its strong growth, significant energy demand and abundant solar resource. First Solar entered the Indian PV market in 2011 and is a local market leader for large-scale PV power plants. India accounted for around 8% of the company's net sales in 2011.

About First Solar, Inc.
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module collection and recycling, First Solar's renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com .

For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

Media Contacts
Charu Kohli (India/APAC)
+ 91 981 173 3347

Brandon Mitchener (EMEA)

Alan Bernheimer (Americas)
+1 (415) 935-2499

Investor Contacts
David Brady

Luke Fairborn
+1 (602) 414-9315

Michelle Pereira
+1-602 414 9382

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on FIRST SOLAR, INC.
08/27 K ELECTRIC : 25 kWp Solar installs at K-Electric Head Office by MAQ Internationa..
08/18 FIRST SOLAR : makes inroads in Turkish solar market
08/15 FIRST SOLAR : Wins 160mw of module contracts in turkey
08/13 FIRST SOLAR : wins 160 MW in module contracts in Turkey
08/12 FIRST SOLAR : commissions 130MW solar projects in India
08/11 FIRST SOLAR : S 130 MW solar power to light 227,500 homes
08/11 FIRST SOLAR : Patent Issued for Method of Manufacturing a Photovoltaic Device (U..
08/11 FIRST SOLAR : Announces Second Quarter 2016 Financial Results
08/11 FIRST SOLAR : Wins 160MW of Module Contracts in Turkey
08/11 FIRST SOLAR : Power commissions plants in ap, telangana
More news
Sector news : Photovoltaic Solar Systems & Equipment
08/31 Areva rejects GE offer for Adwen JV offshore wind assets - sources
06/30DJVESTAS WIND SYSTEMS A/S : Gets 22 Turbine Order as Google Upgrades Renewable Cap..
06/17DJCorrection to Gamesa, Siemens to Combine Wind-Turbine Businesses-- 3rd Update
06/17 GAMESA CORPORACION TECNOLOGICA : Siemens sees most of synergies from Gamesa deal..
More sector news : Photovoltaic Solar Systems & Equipment
News from SeekingAlpha
08/31 First Solar cut to Hold from Buy at Argus on price competition concerns
08/30 First Solar Is A Relatively Undervalued Stock With More Downside To Come
08/29 HANWHA Q CELLS Q2 2016 : More Questions Than Answers
08/28 The Gap From GAAP Is Growing
08/26 FIRST SOLAR : An Undervalued Titan In The Solar Industry Poised To Outperform
Financials ($)
Sales 2016 3 846 M
EBIT 2016 305 M
Net income 2016 394 M
Finance 2016 1 464 M
Yield 2016 -
P/E ratio 2016 10,35
P/E ratio 2017 15,53
EV / Sales 2016 0,64x
EV / Sales 2017 0,78x
Capitalization 3 915 M
More Financials
Duration : Period :
First Solar, Inc. Technical Analysis Chart | FSLR | US3364331070 | 4-Traders
Full-screen chart
Technical analysis trends FIRST SOLAR, INC.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 56,2 $
Spread / Average Target 47%
Consensus details
EPS Revisions
More Estimates Revisions
Mark R. Widmar Director, Chief Executive & Financial Officer
Michael J. Ahearn Non-Executive Chairman
Philip Tymen de Jong Chief Operating Officer
Raffi Garabedian Chief Technology Officer
Paul H. Stebbins Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FIRST SOLAR, INC.-42.04%3 915
SOLARCITY CORP-59.45%2 075
RISEN ENERGY CO.,LTD.--.--%1 787
More Results