DALLAS, Aug. 26, 2009 (GLOBE NEWSWIRE) -- InvestorSoup.com announces an investment report featuring First Solar Inc. (Nasdaq:FSLR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on First Solar Inc. (Nasdaq:FSLR) should be of particular interest to solar manufacturers: Suntech Power Holdings Co. (NYSE:STP), SunPower Corp. (Nasdaq:SPWRA), LDK Solar Co. (NYSE:LDK), Energy Conversion Devices Inc. (Nasdaq:ENER) and Canadian Solar Inc. (Nasdaq:CSIQ).
It is available at: http://www.investorsoup.com/lp/FSLR
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First Solar Inc. (FSLR), a manufacturer of solar photovoltaic (PV) modules, was the first company to integrate non-silicon, thin film solar technology into high-volume, low-cost production. FLSR's solar modules are deployed in free-field commercial rooftop and residential rooftop solar power plant applications.
In the report, the analyst notes:
"Global demand for solar product soared in 2008 until the economic crisis stalled project financing, and Spain pulled back on its solar incentives reducing its market from 2 gigawatts to just over 500 megawatts. The fall in demand led to a global supply glut placing downward pressure on prices. ...
"The Company boasts the lowest cost per watt ($0.87) in the industry because its thin-film panels are cheaper to produce than the silicon-based panels that dominate the market. However, lower silicon prices have threatened this cost advantage. On August 21, 2009, a Chinese manufacturer of silicon-based panels, Trina Solar (NYSE:TSL), announced that by 2010 it would be able to compete with FSLR on both production costs and price. To maintain its market position, FSLR announced on July 30, 2009, that it would offer rebates to its customers in Germany."
To read the entire report visit: http://www.investorsoup.com/lp/FSLR
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