Tuesday, July 14, 2009
First Solar (FSLR) and the Thin Film Future
Here's a video of a representative from First Solar giving a company overview. I have followed the First Solar stock (ticker symbol FSLR) for quite some time. It has always intrigued me because they use a different technology than other solar companies that rely on traditional photovoltaic cells. It is quite clear that their main focus in cost reduction. Their thin film technology is much cheaper than the photovoltaic cells that are subject to the rising silicon prices. People who evaluate the company's business prospects always hold up this cost advantage as a reason to invest in it as a "sustainable" business. They're the only outfit out there that can make money without heavy government subsidy. Because of their cost advantage, First Solar has huge aspirations: to create solar energy that is on par with the economics of traditional electricity sources.
To learn more about First Solar's thin-film cadmium telluride semiconductor material technology, visit their website.