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First Solar wins module supply deal for Australia’s largest solar project

Feb. 08, 2017 5:58 PM ETFirst Solar, Inc. (FSLR) StockBy: Carl Surran, SA News Editor13 Comments
  • First Solar (NASDAQ:FSLR+1.1% AH on news it was awarded a 140 MW module supply contract for the Sun Metals Solar Farm in North Queensland, Australia.
  • The solar farm is expected to be Australia’s largest solar project once constructed, and utilize more than 1.16M FSLR advanced thin-film PV modules to produce 270K MW-hours of energy in its first year of operation.
  • Separately, Franklin Resources (BEN) may have become FSLR's third largest institutional shareholder, as a new 13G filing shows nearly 6.27M shares now beneficially owned by Franklin and its funds, or a 6% stake.

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