First Solar

• Net Sales $588 million
• PV module cost $0.76/watt
• EPS $1.84 per fully diluted share
• Increased 2010 EPS guidance to $7.00-$7.40 per diluted share

First Solar, Inc. (Nasdaq: FSLR) today announced its financial results for the second quarter ended June 26, 2010.

First Solar, Inc. (Nasdaq: FSLR) today announced it has completed the acquisition of NextLight Renewable Power, LLC, a solar development firm formed by the inaugural fund of Energy Capital Partners, a private equity firm focused on investing in North America's energy infrastructure.

Inauguration of 1.3 megawatt solar-power-plant on top of production facility / Manufacturing, power generation and recycling all under one roof in Frankfurt (Oder)

Jens Meyerhoff Named Business Leader

First Solar, Inc. (Nasdaq: FSLR) today announced it has formed a utility systems business group to address the large-scale photovoltaic (PV) system solutions market. Jens Meyerhoff, 45, has been named president of the group. Mr. Meyerhoff has served as First Solar's chief financial officer since 2006.

Jens Meyerhoff Named Business Leader

First Solar, Inc. (Nasdaq: FSLR) today announced it has formed a utility systems business group to address the large-scale photovoltaic (PV) system solutions market. Jens Meyerhoff, 45, has been named president of the group. Mr. Meyerhoff has served as First Solar's chief financial officer since 2006.

Pergola Features First Solar Modules

First Solar Inc. (NASDAQ: FSLR), one of the world’s leading photovoltaic (PV) module manufacturers, is sponsoring the Solar Decathlon Europe for the first time.

The extensive participation of First Solar at the Solar Decathlon, an international competition for energy-autonomous houses in Madrid, includes sponsoring the event and a First Solar-led industry forum, as well as supplying its innovative, thin film PV modules for the architecturally impressive Solar Decathlon pergola.

Hong Kong Secretary for the Environment, Edward Yau today visited First Solar’s (NASDAQ: FLSR) German manufacturing plant to observe production of the company’s advanced solar technology and review its contributions to environmental sustainability.

Move Would Double Capacity and Create Hundreds of Jobs

First Solar, Inc. (Nasdaq: FSLR) announced its intent to expand its German manufacturing plant in Frankfurt an der Oder, doubling local production capacity and creating several hundred new jobs.

The company, which already employs more than 600 associates in Frankfurt (Oder) manufacturing First Solar's trademark thin-film solar modules, is in advanced talks with the German regional and federal authorities to obtain the necessary regulatory permits and financial framework for the expansion.

First Solar Inc. (Nasdaq: FSLR) today announced the election of William J. Post to its board of directors.

Mr. Post is the former chairman of the board of Arizona Public Service (APS) and former chairman of the board and chief executive officer of its parent company, Pinnacle West Capital Corporation. Mr. Post joined APS in 1973, became president and CEO of APS and president of Pinnacle West in February 1997, and was named chairman of the board of both companies in February 2001.

First Solar Inc. (Nasdaq: FSLR), the world’s leading manufacturer of thin film photovoltaic (PV) solar modules, is participating as one of 24 businesses on a cabinet-level Clean Energy Trade Mission led by U.S. Commerce Secretary Gary Locke that is arriving in Beijing today.

The delegation is travelling throughout China through May 21 to explore opportunities to meet China’s growing demand for clean energy through leading energy technologies and solutions. First Solar President Bruce Sohn is participating in the trade mission along with 45 other business executives.