Sunday, March 15, 2009

In The Zone

FSLR – First Solar, Inc

First Solar, Inc. engages in the design, manufacture, and sale of solar electric power modules using a proprietary thin film semiconductor technology. The company’s solar modules employ a thin layer of cadmium telluride semiconductor material to convert sunlight into electricity. It sells its products to project developers, system integrators, and operators of renewable energy projects in the United States and Europe. First Solar also focuses on designing and deploying commercial solar projects for utilities in the United States. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar was founded in 1999 and is headquartered in Tempe, Arizona. First Solar started moving to the upside last week after three week of downside pressure. The company opened the week trading at $107.08 per share but ended trading at $129.55 per share up $21.06 or 19.41 percent for the week on 23.29 million trading volume.

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