First up August 25:
"First Solar, The Poster Child For Solar Subsidies Has Had An Awful Month (FSLR)":
As the Wall Street Journal noted on July 31:
The U.S. Clean-Energy Company That Hit the Subsidies Jackpot
Of all the beneficiaries of the U.S.’s green-energy push, few have hit the jackpot like First Solar. The Arizona-based solar-panel manufacturer expects to receive as much as $710 million this year—nearly 90% of forecast operating profit—from subsidies the U.S. government rolled out a year ago to encourage domestic renewables production. One analyst estimates the incentives could be worth more than $10 billion for the company over the next decade. . .
And today's news from Reuters via Yahoo Finance:
Solar panel manufacturer First Solar said on Wednesday it plans to sell up to $700 million in tax credits it accumulated through the sale of photovoltaic (PV) solar modules this year to payments firm Fiserv.
First Solar is one of the companies eligible for the tax credits for producing clean energy components under the new guidelines for the Inflation Reduction Act (IRA).
45X credits, also known as Advanced Manufacturing Production tax credits, are offered for each product manufactured domestically in the U.S. to incentivize the transition to cleaner energy and reduce the reliance on Chinese-made components....
....MUCH MORE
The stock is up $1.63 at $173.57.
