First Solar, GE launch (potentially) major partnership

On its Q2 earnings presentation, First Solar announced a new, multi-faceted partnership with GE. Among the items of note:

  • First Solar has acquired GE's cadmium telluride (CdTe) IP portfolio.
  • GE has purchased 1.75 million shares of First Solar common stock (valued at $77 million to $...

This item has been archived in line with our efforts to keep our content relevant and up to date for our readership. For further assistance, please contact your Customer Success Manager or email ClientEngagementTeam@luxresearchinc.com. Thank you!

Related Research

Stem acquires AlsoEnergy, adding solar asset management software to its portfolio

News Commentary | December 22, 2021

Based on the terms of its acquisition agreement with AlsoEnergy, Stem will purchase all AlsoEnergy's outstanding shares for USD 695 million and, once the transaction is finalized in Q1 2022, will combine its energy storage optimization software with AlsoEnergy's "solar asset performance monitoring ... Not part of subscription

Shanghai Electric terminates CIGS project, reiterates doubts over thin-film technologies

News Commentary | January 26, 2022

A joint venture involving the Shanghai Electric Company has decided to abandon a copper‑indium‑gallium‑selenide (CIGS) solar module production project, which could potentially see the joint venture lose up to CNY 1.42 billion in the investment. The project, which aimed to commercialize CIGS ... Not part of subscription

Virtual PPA with Kellogg enables Enel to deploy large-scale wind site but carries cash flow risks

Case Study | February 28, 2022

Unlike corporate PPAs (power purchase agreements) or fixed‑price renewable energy certificates (RECs) that allow utilities to invest in renewable assets with a guaranteed return through a long‑term purchase agreement with a corporate buyer, virtual PPAs (VPPAs) expose the utility and the corporate ... Not part of subscription