First Solar's (FSLR +7.1%) agreement to sell its 550-megawatt Topaz Solar Farm power plant...

|By:, SA News Editor

First Solar's (FSLR +7.1%) agreement to sell its 550-megawatt Topaz Solar Farm power plant removes an overhang on FSLR shares, but Auriga sees broader implications: The deal is proof that "high quality projects will get financing even in a dislocated macro environment... and will have a positive perception effect" on SPWRA, WFR and others in downstream projects.