First Solar Gains After U.S. Authorizes $57.3 Million Loan
First Solar Inc. (FSLR), the world’s largest maker of thin-film solar panels, rose to the highest in two weeks after two Mumbai-based companies secured U.S. loans to buy panels.
The U.S. Export-Import Bank approved $57.3 million to Solar Field Energy Two Private Ltd. and Mahindra Surya Prakash Private Ltd. to help finance the purchase of First Solar panels, according to a statement yesterday.
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