DALLAS, Sept. 14, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring First Solar Inc. (Nasdaq:FSLR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on First Solar Inc. (Nasdaq:FSLR) should be of particular interest to other solar technology companies: Suntech Power Holdings Co. Ltd. (NYSE:STP) and Evergreen Solar Inc. (Nasdaq:ESLR).
It is available at: http://www.beaconequity.com/i/FSLR
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First Solar Inc. (FSLR) develops, designs, manufactures and markets solar electric power modules. Its thin-film semiconductor technology is proprietary, employing thin layer of cadmium telluride semiconductors to convert sunlight into electricity. In a joint venture with EDF Energies Nouvelles S.A., the Company designs and engages in commercial solar projects in the United States and Europe. Founded in 1999, the Company is headquartered in Tempe, Arizona.
In the report, the analyst notes:
"Globally, the demand for panels has dropped significantly following the initial surge earlier in the decade. The cost of producing electricity from PV is approximately four times more than the power derived from natural gas. Natural gas prices must rise significantly from current levels to move private industry toward PV solutions. Government initiatives to deploy PV panels have supported the solar market through conversions and investment in utilities' increasing usage of solar power.
"FSLR is a leader in the PV market, and should be a primary beneficiary of government-sponsored programs which has significantly supported the industry. Until renewed world GDP growth puts intense upward pressure on fossil fuels prices, meaningful demand from the private sector remains weak."
To read the entire report visit: http://www.beaconequity.com/i/FSLR
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