First Solar Inc

Common Name
First Solar
Country
United States
Sector
Technology
Industry
Solar
Employees
8,100
Ticker
FSLR
Exchange
NASDAQ/NGS
Description
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 s...

First Solar Energy Data Preview

In 2023, First Solar disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

First Solar also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, First Solar also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, First Solar also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate First Solar's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
0000000
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into First Solar's Energy Renewability

In 2023, First Solar consumed a total of 5.22 million Gigajoules of energy across its operations. Of this total, 0.52% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.48% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

First Solar's Energy Renewability Rate

1%

How much of First Solar's energy consumed is renewable?

In 2023, First Solar consumed a total of 5.22 million Gigajoules of energy, of which 0.52% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that First Solar has considerable room to improve its energy sustainability strategy.

Are First Solar's energy practices becoming more sustainable?

Since 2023, First Solar's total energy consumption increased by 35.09%, reflecting a recent rise in overall energy demand.

Over the same period, the share of renewable energy in First Solar's consumption decreased by 22.26%, showing a recent negative trend in clean energy adoption.

First Solar's Renewable vs Non-renewable Energy Over Time

5.71 M2.71 M291.36 k5.71 MGigajoules (GJ)2022202399%99%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into First Solar's Energy Consumption & Production Mix

In 2023, First Solar disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the First Solar's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

First Solar's Energy Consumed by Sources and Technologies

Solar Energy andElectricity(Unspecified Source)(49.0%)Electricity(Unspecified Source)(48.7%)

What are the main sources and generation technologies behind First Solar's energy consumption?

In 2023, First Solar's total energy consumption was primarily sourced from

  • Solar Energy and Electricity (Unspecified Source) (49%)
  • Electricity (Unspecified Source) (48.73%)
  • Natural Gas (1.97%)

How diverse is First Solar’s energy consumption mix?

In 2023, First Solar consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by First Solar to produce energy?

In 2023, First Solar's energy production came primarily from

  • Solar Energy (100%)

How diverse is First Solar’s energy production mix?

In 2023, First Solar produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.

First Solar's Energy Produced by Sources and Technologies

Solar Energy(100.0%)

Insights into First Solar's Energy Inflows & Self-Sufficiency

In 2023, First Solar reported total energy inflows of 5.01 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 4.98 million Gigajoules purchased from external suppliers and 27,115.2 Gigajoules generated through internal production. This corresponds to a production share of 0.54%, reflecting a 14.87% percentage point decrease from the previous year (2022).

First Solar's Energy Purchased vs Produced Over Time

2022202301.5 M3 M4.5 M6 MGigajoules (GJ)99%99%
  • Total Energy Produced
  • Total Energy Purchased
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