First Solar (FSLR) investors are justifiably concerned about the company's concentration in Germany: 91% of 2007 revenues came from the country. Therefore, AmTech was encouraged to learn about inroads FSLR is making in France with a large customer, EDF Energies Nouvelles.
EDF announced that they will be using FSLR modules for the construction of a 7 megawatt solar farm in mainland France. The plant should begin service by the end of the year. Here are AmTech's key points:
- While not a huge revenue number (~$17M assuming Q108 ASPs), Illustrates traction in new geographies with favorable economics such as France...MORE
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