First Solar to Provide Power Electronics Warranty Services

FS Energy Services' expertise to strengthen inverter manufacturer’s
commitment to customers

TEMPE, Ariz.–(BUSINESS WIRE)–First Solar, Inc. (Nasdaq: FSLR) and Power Electronics have finalized an
agreement to utilize First Solar’s market-leading PV Operations &
Maintenance (O&M) team to provide Power Electronics warranty service on
inverters installed throughout the United States. This unique
relationship enables tangible owner value by reducing response time and
repair time.

The arrangement allows Power Electronics to strengthen its deep
commitment to customer support with the backing of First Solar Energy
Services' technical resource team. First Solar will provide field
support on Power Electronics inverters installed at more than 50 solar
power plants, many of which are already operated and maintained by First
Solar Energy Services.

“This collaboration aligns two organizations that share the same
commitment to service excellence,” said Timo Moeller, Director of First
Solar Energy Services. “Pairing Power Electronics equipment with First
Solar’s scale and proven field expertise results in unmatched service
structure in the PV industry.”

Moeller said that pairing Power Electronics inverters with First Solar
O&M services results in lower operational cost and greater efficiency in
plant maintenance.

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: effects on our financial statements and
guidance resulting from certain module manufacturing changes and
associated restructuring activities; our business strategy, including
anticipated trends and developments in and management plans for our
business and the markets in which we operate; future financial results,
operating results, revenues, gross margin, operating expenses, products,
projected costs (including estimated future module collection and
recycling costs), warranties, solar module technology and cost reduction
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Contacts

First Solar Media
Steve Krum
+1 602-427-3359
[email protected]
or
First
Solar Investors
Stephen Haymore
+1 602-414-9315
[email protected]