First Solar (FSLR +5.6%) is shooting higher as its analyst day presentations are made (webcast);...

|By:, SA News Editor

First Solar (FSLR +5.6%) is shooting higher as its analyst day presentations are made (webcast); the solar giant has struck an upbeat tone about demand and long-term margins thus far. Ahead of the presentations, First Solar announced it had developed a CdTe thin-film solar module with a 16.1% efficiency in lab tests; that's soundly above a prior record of 14.4%, and (assuming eventual production) narrows the historical efficiency edge held by silicon modules. First Solar has also rolled out new Series 3 modules, and raised its efficiency targets for 2015 and 2017.