First Solar (FSLR) has received $455.7M in loan guarantees from the U.S. Export-Import Bank to...

|By:, SA News Editor

First Solar (FSLR) has received $455.7M in loan guarantees from the U.S. Export-Import Bank to build two Canadian solar plants. The move is part of a political effort to increase U.S. solar exports, which rose 83% Y/Y in 2010. In June, First Solar announced $4.5B in DOE loan guarantees for three California projects.