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First Solar Hires Tim Rebhorn as Senior Vice President, Project Development

  First Solar Hires Tim Rebhorn as Senior Vice President, Project Development

Business Wire

TEMPE, Ariz. -- January 8, 2013

First Solar, Inc. (Nasdaq: FSLR) today announced the appointment of Tim
Rebhorn as Senior Vice President, Project Development. He reports to First
Solar CEO Jim Hughes and will be responsible for the company’s global project
development strategy and execution.

“Tim will play a crucial role in implementing First Solar’s strategy to
provide fully integrated photovoltaic power solutions in sustainable markets
around the world,” said Jim Hughes. “He brings proven strengths in business
development, mergers and acquisitions, integration, value creation and
strategy implementation.”

Rebhorn has more than 30 years of experience in the power generation business
as a senior executive in the gas, electricity, generation and distribution
industry segments. Most recently, he was CEO of Quail Nuclear Specialty
Services, an industrial construction company primarily supporting the nuclear
power industry. Previously, he was Managing Director of Resolutions
Management, where he provided strategic support for clients in energy, steel,
fuel cell, engineering and construction, petroleum and manufacturing
industries. Earlier executive positions include Merrill International and
Stewart & Stevenson. He began his career in the U.S. Navy, where he served in
the Naval Nuclear Propulsion Program and as a NATO Staff Planning Officer.

Rebhorn is a graduate of the U.S. Naval Academy and earned an MBA from Texas
A&M University.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV)
solar systems which use its advanced thin-film modules. The company’s
integrated power plant solutions deliver an economically attractive
alternative to fossil-fuel electricity generation today. From raw material
sourcing through end-of-life module collection and recycling, First Solar’s
renewable energy systems 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.

Contact:

First Solar Media
Ted Meyer
+1 602 427-3318
ted.meyer@firstsolar.com
or
Alan Bernheimer
+1 415 935-2499
media@firstsolar.com
or
First Solar Investors
David Brady
+1 602 414-9315
dbrady@firstsolar.com
or
Ryan Ferguson
+1 602 414-9315
rferguson@firstsolar.com
 
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