First Solar (Nasdaq: FSLR) Shares Up with Additional 100MW Installation

Atlanta, GA 7/16/12 (StreetBeat) – First Solar Inc (Nasdaq: FSLR) announced today its installment of an additional 100 megawatts in less than 12 weeks at an Arizona solar power plant. In April, the plant reached a 100 MW milestone. First Solar declined to answer if the plant will be complete earlier than planned, with a current expected completion in 2014.

The U.S. Department of Energy is supporting the plant with a $967 million loan guarantee, generating investor interest from MidAmerican (the utility affiliate of Berkshire Hathaway) and NRG Energy Inc. These power players each hold stake in this 290-MW Agua Caliente project in Yuma County, Arizona.

First Solar hit a ten-day high of $15.35 earlier in Monday’s session. Currently, shares are trading up 7.76% at $15.27.

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First Solar (Nasdaq: FSLR) to Start Module Installation at AV Solar Ranch One

Orlando, FL 6/22/12 (StreetBeat) -- The Los Angeles County Department of Public Works and First Solar, Inc. (Nasdaq:FSLR) have reached an agreement on the installation of solar modules at the Solar Ranch One photovoltaic (PV) power plant currently under construction in the Antelope Valley.

The agreement enables First Solar to continue construction activities of the 230-megawatt power plant that, when completed in 2013, will generate enough electricity to power 75,000 homes. Installation of the modules had been delayed while First Solar and Public Works worked to achieve agreement related to the module code certifications.

Dennis Hunter, Deputy Director of County Public Works, said the Department was responsible for ensuring that all applicable building codes were met by the project in order to protect the health and safety of county residents.

“We’re pleased to see the project back on track,” Hunter said. “Following our discussions, we are now confident in First Solar’s ability to meet our health and safety requirements.”

Work on the project began in August 2011 and is creating about 400 jobs during construction on the 2100 acre site.

Los Angeles County Supervisor Michael D. Antonovich said the AV Solar Ranch was one of the largest construction projects currently underway in the county and provided significant employment opportunities to the Antelope Valley community.

“I am very pleased my office was able to facilitate resolution that helped towards finally resolving the permit issue involving the safety requirements of the AVSR1 project in the Antelope Valley,” Supervisor Antonovich said. “More importantly, this resolution will help those employees that have been furloughed to return to work as quickly as possible.”

Jim Lamon, First Solar Senior Vice President of Engineering, Procurement and Construction and Operations and Maintenance, said the company greatly appreciates the collaboration and commitment from Public Works and 5th District staff to approve the module installation plan.

“As the first utility-scale solar PV project in Los Angeles County, this was the county’s first opportunity to apply its codes to a facility of this magnitude, which required significant time and effort for everyone involved,” Lamon said. “After a very collaborative process, we are confident we have the county’s support to keep the project moving to completion, and that this process has paved the way for future projects in the region, which has great potential for solar energy production.”

First Solar expects to ramp up staffing for the project over the next several weeks.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced thin-film modules. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module collection and recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visitwww.firstsolar.com.

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Solar Stocks on the Run: ASTI, FSLR, WEST

Palm Beach, FL 6/6/12 (StreetBeat) --Investorideas.com, a leader in renewable energy stock research for independent investors, issues an investor alert for solar stocks for trading June 6th. Solar stocks are showing gains for the second day as a sector.

Ascent Solar Technologies, Inc. (NasdaqGM :ASTI) is a leader in the sector percentage wise, gaining $ 0.3189 or (54.98%) to trade at $.8989 as of 10:57AM EDT on over 2.2 Million shares.

The Company shares spiked on news today it has launched a charger for the Apple® (AAPL) iPhone® * 4/4S smart phone featuring Ascent’s ultra light CIGS technology. Branded under Ascent’s new EnerPlexTM line of consumer products, the charger incorporates the company’s solar cells into a sleek, protective iPhone 4/4S case, along with a thin battery. The charger adds minimal weight and size to an iPhone smart phone, yet provides significantly improved battery life by harnessing sunlight for electric power.

First Solar, Inc. (NasdaqGS: FSLR) is trading up at $13.49, gaining 0.84 or (6.68%) as of 10:51AM EDT on volume of over 1.4 Millions shares with a morning high of $13.59.

Westinghouse Solar, Inc. (NasdaqCM: WEST) is up 0.03(13.86%) to trade at $0.23 as of 10:32AM EDT on just over 160,000 shares. Yesterday the Company reported with CBD Energy Ltd. (ASX: CBD), a diversified renewable energy company, plans to begin distributing Westinghouse Solar Power Systems in Australia. This follows last week's announcement of the settlement of all disputes between Westinghouse Solar and Zep Solar.

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