Tag Archives: fslr

First Solar, SunPower Yieldco Plan May Impact Q1

First Solar (FSLR) and SunPower are expected to post sharp Q1 declines in profit and revenue after the close Thursday, as they work on their joint yieldco. The two companies, the largest solar energy companies by revenue, in February announced plans to jointly form a publicly traded yield company, a vehicle used by some energy companies and similar to a real estate investment trust. The yieldco will own and operate solar-power projects to generate

This Solar Stock Has Gained 40% In 2015

First Solar (FSLR) shares sizzled on the stock market Tuesday, adding to their 40% growth in 2015. The stock has gained on the news that the company would partner with SunPower (SPWR) on a yieldco. The solar panel maker is also getting a boost from its rollout of a new service to manage customer power plants. And last month, First Solar announced that it’s committing $848 million to partner with Apple (AAPL) to supply power to the tech giant’s new

First Solar Launches New Service, Stock Heats Up

First Solar (FSLR) shares heated up Tuesday as the solar panel maker and power-plant builder rolls out a new service to operate and maintain power plants for other companies. The latest product launch comes hot on the heels of announcements to form a yieldco with rival SunPower (SPWR) and a major deal to supply solar power to Apple’s (AAPL) new headquarters. First Solar stock was up 4%, near 63, in afternoon trading in the stock market today. The