First Solar

About

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

Tempe,Arizona,United States
5001 - 10000
http://www.firstsolar.com

Highlights

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

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

Executive

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
Apr 28, 2010 NextLight Renewable Power	Energy	—	—	Detail
Jan 5, 2011 RayTracker	Hardware	—	—	Detail
Aug 6, 2013 PrimeStar Solar	CleanTech	acquisition	—	Detail