More on First Solar: Module efficiency, production, GE, TetraSun

First Solar (FSLR +10.6%) aims to increase its lead-line module manufacturing efficiency from 13.9% in Q4 to 15.6%-15.8% by the end of 2015, 17.7%-18.4% in 2016, and 18.1%-18.9% in 2017.

Installed manufacturing capacity is expected to grow from less than 2GW in 2014 to 3.5GW in 2018, with deployable capacity rising above 4GW.

The company says it has produced a thin-film module with a record 17% efficiency (up from a prior 16.1%). First Solar has already developed a thin-film cell with a 20.4% efficiency.

First Solar is extending its partnership with GE to include developing a new utility-scale plant design the companies assert "significantly increases the size of the solar array served by each inverter and reduces the number of inverter/transformer stations required for each plant" to convert DC power into grid-ready AC power.

First Solar's TetraSun unit (high-efficiency silicon solar cells) is set to begin production in late 2014.

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Comments (2)
  • benitus
    , contributor
    Comments (3442) | Send Message
    I said it before on several occasions and was badly beaten down by naysayers that FSLR is constantly innovating and improving its technologies which gives it a huge edge, particularly with its use of CdTe and Tetrasun, over Chinese companies, which rely on old silicone technology. Some even challenged me to produce data about CdTe deployment, etc., and questioned its efficiency as compared with silicone cells. I feel most vindicated with these news releases and we should look forward to even more positive developments, as it expands into overseas markets, like its recent success in Japan, especially with utilities, not as much for domestic use. Long FSLR.
    19 Mar 2014, 11:07 AM Reply Like
  • wiserinvestor
    , contributor
    Comments (586) | Send Message
    Here's one of the reasons why many of the solar lease and PPA companies will have trouble competing in 2014. This will cost 1/3 the amount of a 20 year $0 down solar lease and it's only available for purchase no expensive leasing:
    19 Mar 2014, 09:32 PM Reply Like
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