TEMPE, Ariz.--(BUSINESS WIRE)--Oct. 16, 2009--
First Solar Inc. (Nasdaq: FSLR), the world’s leading manufacturer of
photovoltaic modules, today announced that the company’s common stock
was added to the S&P 500 Index after the market closed on Oct. 15, 2009.
First Solar is the first pure-play renewable energy company to be added
to the index, which represents a milestone for the solar industry.
The company will be added to the S&P 500 GICS (Global Industry
Classification Standard) Electrical Components & Equipment Sub-Industry
of the Industrials sector.
About First Solar
First Solar, Inc. (Nasdaq: FSLR) is changing the way the world is
powered by creating truly sustainable solar energy solutions. First
Solar manufactures solar modules with an advanced semiconductor
technology and provides comprehensive PV system solutions. By constantly
decreasing manufacturing costs, First Solar is creating an affordable
and environmentally responsible alternative to fossil-fuel generation.
First Solar modules are most effective when demand for traditional forms
of energy is at its peak. First Solar set the benchmark for
environmentally responsible product life cycle management by introducing
the industry's first prefunded, comprehensive collection and recycling
program for solar modules. From raw material sourcing through
end-of-life collection and recycling, First Solar is focused on creating
cost-effective renewable energy solutions that protect and enhance the
environment. For more information about First Solar, please visit www.firstsolar.com,
or www.firstsolar.com/media
to download photos.
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.
Source: First Solar Inc.
First Solar Inc.
Lisa Morse, +1-602-414-9361
media@firstsolar.com