Energy & PowerAug 11, 2026

First Solar

Company Profile Analysis

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Year Founded & Workforce

1998-12-31

4,800 Employees

Industry

Energy & Power

Services

First Solar Overview

Company Headquarters: United States

Founded: 1999

Workforce: The company has employed more than 4800 employees.

Company Working: First Solar is a leading US-based manufacturer of photovoltaic (PV) solar panels and a provider of solar solutions. With a focus on utility-scale solar power plants and commercial, industrial, and residential applications, the company is known for its thin-film solar panel technology. Headquartered in Tempe, Arizona, First Solar is committed to delivering sustainable and cost-effective solar energy solutions to its customers worldwide.

Strategy

The key growth strategy for First Solar is to continue to expand its global presence and increase its market share in the solar energy industry. The company is also focusing on developing new and innovative solar energy solutions, while improving its manufacturing efficiency and reducing costs.

Company Snapshot

4,800

Employees

1998-12-31

Founded

United States

Headquarters

SWOT Analysis

Strengths

One of the largest solar panel manufacturers in the world.
Strong focus on sustainable and environmentally responsible practices.
Experienced management team with a track record of success.

Weaknesses

Heavy reliance on the US market.
Vulnerability to changes in government policies and regulations.
Intense competition in the solar panel market.

Opportunities

Growing global demand for renewable energy.
Expanding into emerging markets.
Developing new technologies and solar panel products.

Threats

Fluctuating prices of raw materials.
Increasing competition from other solar panel manufacturers.
Economic and geopolitical uncertainty.

Key Developments

Date	Approach	Development
May-2019	Product Launch	First Solar announced the launch of its Series 6 thin-film solar panels, featuring new advancements in efficiency and performance.
Sep-2020	Agreement	First Solar signed a supply agreement with RWE Renewables to provide 149 MW of Series 6 modules for the Sofia Offshore Wind Farm.
Feb-2021	Investment	First Solar announced plans to invest $680 million in a new solar panel manufacturing facility in Ohio, expected to be completed in 2023.

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About the Author

Wantstats Research Team

Wantstats' research desk profiles First Solar as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

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R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

First Solar

Company Headquarters: United States Founded: 1999 Workforce: The company has employed more than 4800 employees. Company Working: First Solar is a leading US-based manufacturer of photovoltaic (PV) solar panels and a provider of solar solutions. With a focus on utility-scale solar power plants and commercial, industrial, and residential applications, the company is known for its thin-film solar panel technology. Headquartered in Tempe, Arizona, First Solar is committed to delivering sustainable and cost-effective solar energy solutions to its customers worldwide.

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