First Solar acquires 50MW Macho Springs project from Element Power Solar First Solar has acquired the 50-megawattAC Macho Springs Solar project that Element Power Solar has developed in Luna County, N.M. When complete, it will be the state’s largest solar power project. The photovoltaic solar project is expected to be completed in 2014, providing up to 400 construction jobs. Terms of the transaction were not disclosed.
News For FSLR From The Last 14 Days
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First Solar price target raised to $87 from $63 at Citigroup Citigroup raised its price target for First Solar shares to $87 from $63 after shifting its valuation to 2016 estimates and reiterates a Buy rating on the stock. Citi believes First Solar's 2013 guidance could prove conservative.