January 5, 2012

First Solar Named "Official Solar Provider" Of The 2012 Waste Management Phoenix Open

PHOENIX, Ariz. - 2012 Waste Management Phoenix Open Tournament Chairman Alex Clark announced today that Tempe-based First Solar will be the "Official Solar Provider" of the 2012 tournament. As the exclusive solar provider, First Solar will provide solar photovoltaic (PV) arrays to help power the event, including the Waste Management Corporate tent on 18. The 2012 Waste Management Phoenix Open will take place Monday, Jan. 30, through Sunday, Feb. 5, at the TPC Scottsdale.

"We're excited to have First Solar as part of the Waste Management Phoenix Open and furthering the tournament's sustainability efforts," said Alex Clark, 2012 Waste Management Phoenix Open Tournament Chairman. "With First Solar powering the event, including the Waste Management Corporate tent, with green renewable energy, we move one step closer to becoming the 'Greenest' show on Grass."

"First Solar believes in supporting the communities where we live and work and is proud to sponsor this year's Waste Management Phoenix Open and be part of its innovative sustainability initiatives," said Ted Meyer, First Solar Vice President of Communications. "Fans at the TPC Scottsdale will have an opportunity to see the same First Solar technology that is deployed at the APS Paloma Power Plant in Gila Bend and the Agua Caliente project in Yuma County, which will be the largest solar PV power plant in the world when it's completed."

The Paloma Power Plant began producing clean electricity in October 2011, and First Solar's Agua Caliente project is currently under construction. The company estimates Agua will create an average of 400 local construction jobs throughout its multi-year build-out. In addition to its corporate headquarters in Tempe, First Solar is also building a solar panel factory in Mesa, Ariz., which is expected to come online in 2013.

The 2012 Waste Management Phoenix Open, known as "The Greatest Show on Grass," will be held at the TPC Scottsdale from January 30th to February 5th, 2012. The Waste Management Phoenix Open is the best-attended golf tournament in the world and has gained legendary status for being the most unique stop on the PGA TOUR. The 2012 edition will mark the 77th playing of the event (one of the five oldest events on the PGA TOUR) and the third as the Waste Management Phoenix Open. For more information on the Thunderbirds or the 2012 Waste Management Phoenix Open, call the Thunderbirds office at (602) 870-0163 or visit www.wmphoenixopen.com. For more information on First Solar, visit www.firstsolar.com

About First Solar, Inc.
First Solar manufactures solar modules with an advanced semiconductor technology, and is a premier provider of comprehensive photovoltaic (PV) system solutions. The company is delivering an economically viable alternative to fossil-fuel generation today. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating value-driven renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.

For First Solar Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.

Media Contacts:
Rob Myers (480) 348-7540
Melanie Friedman (602) 384-9535


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