First Solar to Invest up to $1.1B In Fifth U.S. Manufacturing Facility, Adding 3.5 gigawatts Of Nameplate Capacity in 2026
Portfolio Pulse from Benzinga Newsdesk
First Solar (FSLR) plans to invest up to $1.1 billion in its fifth U.S. manufacturing facility, which will add 3.5 gigawatts of nameplate capacity in 2026.
July 27, 2023 | 8:05 pm
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POSITIVE IMPACT
First Solar's investment in a new manufacturing facility could increase its production capacity, potentially leading to increased revenues in the future.
First Solar's decision to invest in a new manufacturing facility indicates a strategic move to increase its production capacity. This could potentially lead to increased revenues in the future, which would likely have a positive impact on its stock price.
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