February 26, 2014

FIRST SOLAR SETS WORLD RECORD FOR CDTE SOLAR CELL EFFICIENCY


*  20.4 Percent Research Cell Certified at Newport Lab and Confirmed at NREL
*  Achievement capitalizes on First Solar/GE technology partnership
*  Performance matches long-standing mSi record

First Solar, Inc. (Nasdaq: FSLR) today announced it has set a world record for cadmium-telluride (CdTe) photovoltaic (PV) solar cell conversion efficiency, achieving 20.4 percent conversion efficiency certified at the Newport Corporation's Technology and Applications Center (TAC) PV Lab and confirmed by the U.S. Department of Energy's National Renewable Energy Laboratory (NREL). The record-setting cell was constructed at the company's Perrysburg, Ohio factory and Research & Development Center.