Tracking the Pivotal Point of First Solar (FSLR): US Solar Champion Impresses with an Order Backlog of $16.4 Billion!
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First Solar specializes in thin-film technology, using cadmium telluride (CdTe) instead of the conventional crystalline silicon. The company is benefiting significantly from the current trend of the energy transition and the focus on solar energy production in the utility sector. Through local production in the USA, First Solar can take advantage of substantial production tax credits or sell them profitably. These subsidies enhance profitability and give Americans a competitive edge over Asian manufacturers. This leads to full order books well...
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