By Payal Gupta:
First Solar Inc (FSLR) is a solar energy company that operates out of two divisions. The components and systems division designs, manufactures and markets solar panels for individuals and small manufacturing companies. The larger photovoltaic (PV) division markets builds and maintains solar power plants that are used by utility companies, commercial industry companies and industrial companies. The components and systems division accounts for 35.2% of the company's revenues while the PV division generated 64.8%. The company has a market cap of $6 billion, and its stock price is around $59.
First Solar is one of the largest and most successful solar power company's in the world, yet it is still transforming itself. The company's main source of revenue comes from its PV division which builds and maintains power plants (commonly called solar farms) made of cadmium-telluride (CD-TE) thin film solar panels. However in recent months it has become
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