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First Solar Clocks 32% Rise in Net Sales QoQ in Q1 2021

The firm attributed the $194 million increase to systems revenue driven by U.S. project sales

May 3, 2021

/ Srinwanti Das
/ Finance and M&A, Solar
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First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the first quarter of 2021 (Q1 2021). Net sales for Q1 2021 touched $803.4 million, an increase of $194 million from the previous quarter. In a year-over-year comparison, the net sales were up 51%.

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Srinwanti Das

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First SolarGreen Energyrenewable powersolar developerSolar Panels
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