First Solar Completes 1.3MW(DC) Solar PV Power Plant at Kitakyushu-shi in Japan

  First Solar Completes 1.3MW(DC) Solar PV Power Plant at Kitakyushu-shi in
  Japan

Business Wire

TOKYO -- March 16, 2014

First Solar, Inc. (Nasdaq: FSLR) today announced the completion of the
1.3MW(DC) solar photovoltaic (PV) power plant at Kitakyushu-shi. Powered by
First Solar FS Series 3 Black PV modules, the plant will generate
approximately 1,400 MWh of clean and safe solar electricity per year. Power
from the project will be purchased by Kyushu Electric Power Company.

“Japan has ambitious solar power development goals to help mitigate the
dependency on nuclear energy,” said Joe Kishkill, First Solar’s Chief
Commercial Officer. “The completion of the Kitakyushu-shi project supports
that commitment along with providing electricity users with a fuel alternative
that is safe, can be rapidly deployed, and has the smallest carbon footprint.”

The project had a workforce of approximately 65 construction jobs at its peak,
building local capability to construct similar clean and safe solar power
projects in the future.

First Solar holds 100 percent equity in the project. Obayashi Corporation and
Yaskawa Electric Corporation constructed the project. Nippon Sheet Glass
supplied the advanced technology glass used in the PV modules.

About First Solar, Inc.

First Solar is a leading global provider of comprehensive photovoltaic (PV)
solar systems which use its advanced module and system technology. 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 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
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements include statements, among other things,
concerning: our business strategy, including anticipated trends and
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we operate; future financial results, operating results, revenues, gross
margin, operating expenses, products, projected costs, warranties, solar
module efficiency and balance of systems ("BoS") cost reduction roadmaps,
restructuring, product reliability and capital expenditures; our ability to
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reduce the costs to construct photovoltaic (PV) solar power systems; research
and development programs and our ability to improve the conversion efficiency
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Contact:

First Solar Media
Burson-Marsteller 
Eiko Aiba, Akiko Nishimura
+81 03-3264-6701
FirstSolarJP.PR@bm.com
or
First Solar, Inc.
Deepali Girdhar
+91 8800 843600
deepali.girdhar@firstsolar.com
or
First Solar Investors
David Brady
+1 602-414-9315
dbrady@firstsolar.com
 
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