First Solar (FSLR +7%), which rallied today along with other solar names, falls 1.2% AH after...

|By:, SA News Editor

First Solar (FSLR +7%), which rallied today along with other solar names, falls 1.2% AH after disclosing the DOE hasn't yet provided initial funding for a 230MW California solar project that First Solar sold to Exelon (EXC) for $75M. If funding doesn't arrive by Feb. 24, First Solar could be on the hook to repurchase the project for its initial price, plus costs incurred by Exelon. (previously)