Production Increase Drives First Solar's Growth
First Solar's (NASDAQ: FSLR) transformation over the last few years has been nothing short of astounding when you consider that it is replacing nearly all of its manufacturing lines. Series 4 solar panels, which used to drive the business, have been almost entirely replaced by Series 6 panel production, and the company is reaching record levels of output.
The progress hasn't made its way to the bottom line this year, but given a little more time, it looks like First Solar will be well positioned to compete in the solar business.
Image source: First Solar.
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