First Solar Rises After Antelope Permit Issue Is Resolved
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First Solar Inc., the biggest maker of thin-film solar panels, climbed the most in three weeks after resolving a Los Angeles County permitting issue for a $1.36 billion power project, paving the way for financing to resume.
First Solar rose 7.3 percent to $42.59 at the close in New York, the biggest gain since Jan. 27. Shares of the Tempe, Arizona-based company have gained 26 percent this year.