First Solar manufacturing facility in Frankfurt, Germany
The elephant in the solar power industry, First Solar, Inc. (NASDAQ: FSLR), announced yesterday it was anticipating a gangbusters 2011 with revenue to be almost 50 percent higher than 2010. Since First Solar operates at all levels of the industry -- from thin-film photovoltaic modules to complete solar power plants -- this is encouraging news for the entire solar sector.
Of course, when you are number one, you have a big bull’s eye on your back -- and apparently the U.S. government is keen to help potential competitors hit the target.