Page 22 - Mark Widmar News Today

Solar stocks have been on a steady climb from their May lows after the sector received a series of positive catalysts

Chinese solar panel exports to the EU have soared as the bloc pivots from Russian fuels.

First Solar aims to grow its US-based solar manufacturing capacity to 10GW by 2025 on the back of support from the Inflation Reduction Act.

Wall Street is growing more bullish on the renewable energy company's growth prospects.

Wall Street is growing more bullish on the renewable energy company's growth prospects.

Plans by First Solar, Inc. to increase production of photovoltaic solar modules in the U.S. include investing $185 million to expand the capacity of its three facilities in Perrysburg and Lake Township.

First Solar announced plans to invest up to $1.2 billion for scaling up domestic panel production, including construction of a new factory and expanding existing plants.

With passage of the CHIPS and Science Act, multiple reports indicate companies across multiple industries plan to expand their use of automation and robotics.

Maker of CdTe modules plans $1.2BN investment, with new domestic site expected to be operational in 2025.

CEO Mark Widmar told CNBC the Inflation Reduction Act was the key catalyst for building another factory in the U.S.