TEMPE, Ariz.--(BUSINESS WIRE)--
First Solar, Inc.'s (Nasdaq: FSLR) Operations & Maintenance group has
announced it now has 5 gigawatts (GW) of assets in its portfolio of
solar power plants, firmly establishing it as the largest solar O&M
provider in the world. First Solar Energy Services, which has held the
top position on GTM Research's "Global O&M and Asset Management" report
for the past two years, surpasses the next nearest O&M provider by
approximately 1.8GW.
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First Solar is a NERC-registered Generator Operator. The company's Tempe-based US Operations Center is fully compliant with NERC/FERC Cybersecurity Standard CIP version 5. (Photo: Business Wire)
"Our customers have entrusted us to make sure they get the most out of
their investments," said Troy Lauterbach, Vice President, First Solar
Energy Services. "We help them minimize risk and maximize the value of
their renewable energy assets."
First Solar Energy Services has grown alongside the solar industry over
the past half-decade. In 2009, the fledgling O&M group commenced
operation of the 21MW Blythe Solar Project in California, which at the
time was the largest PV plant in the world. Today, the group operates
and maintains solar power plants for owners in 10 countries, and include
some of the largest PV power plants in the world.
First Solar Operations Centers (FSOC) are located in Tempe, AZ, Sydney,
Australia, and Berlin, Germany. The flagship Tempe FSOC is frequently
visited by grid operators, regulators and energy industry experts from
around the world seeking demonstrations of First Solar's unmatched
operations technology and capabilities.
About First Solar, Inc.
First Solar is a leading global provider of comprehensive photovoltaic
(PV) solar systems which use its advanced module and system technology.
The company's integrated power plant solutions deliver an economically
attractive alternative to fossil-fuel electricity generation today. From
raw material sourcing through end-of-life module recycling, First
Solar's renewable energy systems 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 safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements include statements, among
other things, concerning: effects on our financial statements and
guidance resulting from pending tax matters; our business strategy,
including anticipated trends and developments in and management plans
for our business and the markets in which we operate; future financial
results, operating results, revenues, gross margin, operating expenses,
products, projected costs (including estimated future module collection
and recycling costs), warranties, solar module efficiency and balance of
systems cost reduction roadmaps, restructuring, product reliability,
investments in unconsolidated affiliates and capital expenditures; our
ability to continue to reduce the cost per watt of our solar modules;
our ability to reduce the costs to construct PV solar power systems;
research and development programs and our ability to improve the
conversion efficiency of our solar modules; sales and marketing
initiatives; and competition. These forward-looking statements are often
characterized by the use of words such as "estimate," "expect,"
"anticipate," "project," "plan," "intend," "seek," "believe,"
"forecast," "foresee," "likely," "may," "should," "goal," "target,"
"might," "will," "could," "predict," "continue" and the negative or
plural of these words and other comparable terminology. Forward-looking
statements are only predictions based on our current expectations and
our projections about future events. You should not place undue reliance
on these forward-looking statements. We undertake no obligation to
update any of these forward-looking statements for any reason. These
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to differ materially
from those expressed or implied by these statements. These factors
include, but are not limited to, the matters discussed in Item 1A: "Risk
Factors," of our most recent Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, Current Reports on Form 8-K and other reports
filed with the SEC.
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First Solar Media
Steve Krum, +1 602-427-3359
steve.krum@firstsolar.com
or
First
Solar Investors
Stephen Haymore, +1 602-414-9315
stephen.haymore@firstsolar.com
Source: First Solar, Inc.
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