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First Solar Extends Workmanship Warranty to Ten Years

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  Published in Science and Technology on Tuesday, September 6th 2011 at 1:01 GMT by Market Wire
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HAMBURG, Germany--([ BUSINESS WIRE ])--First Solar, Inc. (Nasdaq: FSLR) today announced that it has extended its material and workmanship warranty from five to ten years. The announcement was made at the 2011 European Photovoltaic Solar Energy Conference and Exhibition (EU PVSEC), one of the worlda™s largest solar energy trade shows.

"As one of the worlda™s largest solar module manufacturers, we understand the need for a low-risk product that is backed by a comprehensive warranty"

The new warranty covers First Solara™s advanced Series 3 solar modules as of Oct. 1 and demonstrates the companya™s commitment to product quality and reliability. First Solara™s proven thin-film technology has been deployed in some of the largest photovoltaic projects to date, like the 80 megawatt Sarnia project in Ontario, Canada.

aAs one of the worlda™s largest solar module manufacturers, we understand the need for a low-risk product that is backed by a comprehensive warranty,a said Stephan Hansen, managing director of First Solar GmbH. aIn addition to the extended workmanship warranty, First Solar modules are covered by a 25-year power performance warrantya"both of which enable us to meet the evolving needs of our global customers.a

First Solar modules are also covered by the companya™s prefunded collection and recycling program.

First Solar will be exhibiting at PVSEC through Sept. 8. For details, including the companya™s booth location, visit [ http://www.firstsolar.com/Events/conferences/pvsec/ ].

About First Solar, Inc.

First Solar manufactures solar modules with an advanced semiconductor technology, and is a premier provider of comprehensive photovoltaic (PV) system solutions. The company is delivering an economically viable alternative to fossil-fuel generation today. From raw material sourcing through end-of-life collection and recycling, First Solar is focused on creating value-driven renewable energy solutions that protect and enhance the environment. For more information about First Solar, please visit [ www.firstsolar.com ].

For First Solar Investors

This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the company's business involving the company's products, their development and distribution, economic and competitive factors and the company's key strategic relationships and other risks detailed in the company's filings with the Securities and Exchange Commission. First Solar assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein.