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First Solar

company

About

First Solar manufactures thin film photovoltaic modules and provides PV power plants and supporting services.

Details

Last Funding Type
Funding Round
Industries
Clean Energy,Manufacturing,Solar
Founded date
Jan 1, 1999
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
nasdaq:FSLR
Legal Name
First Solar, Inc.
Also Known As
First Solar

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 a prefunded, comprehensive collection and recycling program for solar modules.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$1.56B
First Solar has raised a total of $1.56B in funding over 2 rounds. Their latest funding was raised on Dec 7, 2021 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 7, 2021 Post-IPO Debt $500M 1 U.S. International Development Finance Corp Detail
Apr 1, 2021 Funding Round Detail
Mar 31, 2021 Funding Round Detail
Feb 22, 2017 Post-IPO Debt $240M 1 Mizuho Corporate Bank Detail
Jun 18, 2013 Post-IPO Equity $427.70M Detail

Investments

Number of Investments
Number of Lead Investments
3
2
First Solar has made 3 investments. Their most recent investment was on Jun 28, 2021, when CubicPV raised $25M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 28, 2021 CubicPV
Series Unknown $25M Environmental Consulting
Dec 8, 2015 Younicos
Series Unknown $50M Energy Yes
Oct 30, 2008 SolarCity
Series D $29.90M Construction Yes

Investors

Number of Lead Investors
Number of Investors
2
2
First Solar is funded by 2 investors. U.S. International Development Finance Corp and Mizuho Corporate Bank are the most recent investors.
Investor Name Lead Investor Funding Round
U.S. International Development Finance Corp Yes Post-IPO Debt
Mizuho Corporate Bank Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
17
First Solar has 17 current employee profiles, including Board member Thomas Presby
Board member
Employee
Board member
Executive

Exits

First Solar has had 2 exits. First Solar most notable exits include Younicos ,   SolarCity

Date Company Name Exit Type Industry
Jul 3, 2017 Younicos M&A Energy Detail
Dec 21, 2012 SolarCity M&A Construction Detail

Acquisition

First Solar has acquired 4 organizations. Their most recent acquisition was OptiSolar R&D on Mar 3, 2009. They acquired OptiSolar R&D for 0.

Date Company Name
Industry Acquisition Type Price
Mar 3, 2009 OptiSolar R&D
Manufacturing Detail
Energy Detail
Jan 5, 2011 RayTracker
Hardware Detail
Aug 6, 2013 PrimeStar Solar
CleanTech acquisition Detail