First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million. Image: First Solar
Leading CdTe thin-film manufacturer and Solar Module Super League (SMSL) member, First Solar reported significantly lower than expected first quarter sales, due primarily to challenges in its EPC PV project business in the US and Japan that impacted sales by US$159 million.
First Solar reported net sales for the first quarter of 2019 of US$532 million, a decrease of US$159 million from the prior quarter, primarily due to lower systems project revenue in the United States and Japan.
These were caused by supplier …
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