First Solar in India

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First Solar (NASDAQ: FSLR) just announced deals for the sale of 50 megawatts of its cadmium telluride (CdTe) thin-film modules to Indian developers Kiran Energy Solar Power Pvt. Ltd. and Mahindra Solar One Pvt. Ltd. for side-by-side 20-megawatt and 30-megawatt projects in the state of Rajasthan. First Solar’s India strategy “includes establishing a deep local presence,” CEO James Hughes recently said. India is “a very real opportunity.” The...

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