The 50MW New Mexico solar project First Solar (FSLR) recently bought might sell electricity at a...
Friday, February 1, 6:52 PM ETThe 50MW New Mexico solar project First Solar (FSLR) recently bought might sell electricity at a rate less than half that typically charged by new coal plants, based on a recent regulatory filing (.pdf). Maxim's Aaron Chew, who has been bearish on FSLR for some time, notes the rate is also less than half what First Solar will charge for its Antelope Valley, Topaz, and Agua Caliente projects. However, government incentives will likely improve the project's ROI.
TECH ETFs IN FOCUS
Latest Tech Articles