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Firstsolar is one of the world's leading solar photovoltaic module manufacturers, with production bases in the United States, Malaysia and Germany. By 2009, the company's production capacity has exceeded 1 gigawatt peak (GWP). At the same time, firstsolar is also the world's most important manufacturer of CdTe thin film photovoltaic modules. Compared with the traditional crystalline silicon technology, the solar power generation capacity using CdTe patent technology is larger and the production cost is lower. Firstsolar was the first in the industry to achieve a cost of less than one dollar (85 cents) per watt, and announced in June 2009 that it would reduce its manufacturing cost to 52-63 cents per watt by 2014.
Firstsolar was founded in 1999 in Tempe, Arizona. Its predecessor was solarcell (SCI), which was acquired by true north partners (the company is owned by the Walton family, which is the owner of Wal Mart group). Michael Ahearn is the CEO of firstsolar. Since 2002, firstsolar began to set foot in the photovoltaic module business. Since then, its manufacturing capacity has been steadily increasing, and the company has also made great progress. In 2005, the company's annual production rate reached 25 MW peak (MWP). In the next few years, the company continued to expand, adding a new production line in perisberg, Ohio, and setting up four production lines in Germany. In 2006, firstsolar's annual production capacity reached 75 MW and announced the construction of 16 more production lines in Kulim, Malaysia. In the same year, firstsolar was first listed on NASDAQ and was the first company in the pure solar industry to be listed in the S & P500. At present, the company has more than 4000 employees around the world.
In September 2009, firstsolar signed a memorandum of understanding with Ordos City, China, to build a 2gw solar power station in the Gobi desert area of Inner Mongolia. The project will take ten years to complete and will be the size of a Manhattan.
In the first quarter of 2009, firstsolar expanded its annual production capacity to 49.4 MW per line. Taking into account the production base to be built in 2009, the annual capacity of the company is expected to reach 1.1 gigawatts by the end of 2009. In the first quarter of 2009, the average photoelectric conversion rate of each module reached 11%, which was significantly higher than that in 2003 (about 7%).
In the solar industry, firstsolar took the lead in implementing a prepaid photovoltaic module recycling and recycling program. Any customer who purchases firstsolar solar modules can ask for recycling at the end of the module's life, and firstsolar will bear the cost of recycling and reusing these products. According to the data provided by firstsolar, 95% of semiconductor materials can be recycled through a closed recycling process and eventually used to produce new photovoltaic modules. 90% of the glass can be used to make other products. The cost of the scheme is included in the initial price of the PV module and is transferred to a dedicated investment account monitored by an independent agency. In this way, the treatment of recycled modules is independent of firstsolar and can be guaranteed for a long time. While initiating the recycling plan, firstsolar also cooperates with most European manufacturers as members of the PV recycling professional association to jointly commit to establishing a recycling and reuse system, that is, modules of any brand will be recycled after their service life. Through these measures, the company will take greater responsibility in the product life cycle, and make every effort to prevent the photovoltaic module from mixing with other household garbage, so as to ensure its recycling.
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