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First Solar, Inc. (FSLR), headquartered in Tempe, Arizona, designs and manufactures solar modules. Valued at $25 billion by market cap, the company uses a thin film semiconductor technology to manufacture electricity-producing eco-efficient solar modules.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and FSLR fits right into that category, signifying its substantial size, stability, and dominance in the solar industry. It stands out for its operational efficiency and market demand for its products, reflecting its strong performance. The company is also a technological leader, with a record-breaking 23.1% research cell conversion efficiency, certified by the U.S. Department of Energy. Its advanced manufacturing process, enabling rapid solar module production, further strengthens its competitive edge in the solar industry.