First Solar, Inc.

First Solar is America's leading PV solar technology and manufacturing company, and the only U.S.-headquartered company among the world's largest solar manufacturers. The company focuses on enabling power generation with its advanced, American thin film PV technology, developed at R&D labs in California and Ohio. This technology offers a competitive, high-performance, and responsibly produced alternative to conventional crystalline silicon PV solar modules. First Solar's PV solar modules are produced using a fully integrated, continuous process that does not rely on Chinese crystalline silicon supply chains. The company is the world's largest thin film PV solar module manufacturer and the largest PV solar module manufacturer in the Western Hemisphere. PV solar modules provide energy at a lower levelized cost of electricity (LCOE) compared to traditional forms of energy generation. First Solar has invested over $2 billion in cumulative R&D over the last 20 years. The company's current module semiconductor structure is a single-junction polycrystalline thin film that uses Cadmium Telluride (CdTe) as the absorption layer. CdTe has absorption properties well matched to the solar spectrum and uses approximately 2% to 3% of the semiconductor material found in conventional crystalline silicon modules. In many climates, First Solar's modules offer energy production advantages over competing crystalline silicon modules.