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Form 8-K · Current Report · Filed 2025-06-24

First Solar Announces Tax Credit Sale Agreement

On June 20, 2025, First Solar, Inc. announced the sale of $311,858,186.10 of advanced manufacturing production tax credits to a leading financial institution for $296,265,276.80. The sale, pursuant to Section 45X of the Internal Revenue Code, is part of the company's strategy to leverage its tax credit assets.

Filer
First Solar Inc. FSLR · NASDAQ
Filed
Accession
0001274494-25-000043
CIK
0001274494
Signal
Medium impactTechnology

Items reported

Item 8.01

Other Events

Strategic Partnership Announced

Market reaction

Close before filing

$144.67

Next session

+5.6%

Since filing

+45.9%

Latest close

$211.03

What happened, not what will happen — closing prices around the filing date.

About First Solar Inc.

First Solar Inc. is a leading manufacturer and provider of solar energy solutions, specializing in the design and production of photovoltaic (PV) modules. The company's primary purpose is to deliver sustainable, environmentally friendly energy solutions by harnessing the power of solar technology. First Solar focuses on producing thin-film solar panels, which are known for their high efficiency and lower cost of production compared to traditional silicon-based panels. This technology enables First Solar to make significant contributions to renewable energy industries, particularly in utility-scale solar energy projects. The company serves a variety of sectors including commercial, industrial, and utility-scale power generation. First Solar is distinguished by its commitment to sustainability and innovation, continually investing in research and development to enhance the performance and longevity of its solar products. As a notable player in the renewable energy market, First Solar plays a crucial role in promoting the global transition to more sustainable energy sources, thereby impacting energy policies and contributing to efforts to reduce carbon emissions worldwide.

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