First Solar announces CA plant deal ahead of earnings

|By:, SA News Editor

First Solar (FSLR +0.8%) will act as the engineering, procurement, and construction (EPC) contractor for a 19.76MW solar project in Kings County, CA, and a 23MW project in Kings and neighboring Kern County. The former project is expected to be finished in October, and the latter in Q1 2015.

Shares are up slightly ahead of this afternoon's Q1 report. The company had 2.7GW of expected future module shipments at the end of Q4, and $7.5B worth of expected future module/systems revenue.