UBS Raises Price Target for First Solar Shares
Discover why UBS has raised the price target for First Solar shares to $270, citing expected growth in earnings per share and gross margins. Learn about the potential benefits from U.S. tax credits and how First Solar is positioned to benefit from the rising demand for AI-driven electricity.
Leeward Renewable Energy Signs Solar Power Purchase Agreements with Microsoft for Texas Projects
Leeward Renewable Energy signs power purchase agreements with Microsoft for two 200-MW solar projects in Texas, marking a significant move towards the expansion of renewable energy in the USA. The projects are expected to utilize thin-film modules manufactured by First Solar Inc and signify a commitment to substantial clean energy projects by various companies.
First Solar shares rise more than 5% after hours as company cheers guidance for the year
First Solar Inc. shares rose more than 5% in the extended session Tuesday after investors looked past a mixed quarter for the solar-power company to cheer guidance for the year. Despite setbacks and headwinds for most solar-power companies, First Solar’s strong earnings and guidance indicate a positive outlook for the industry, which has been struggling amid lower demand and regulatory changes.