FSLR · 10-Q · 2026Q3 · Full report

Capital Expenditure Program

FIRST SOLAR, INC. · 2026-10-29 · Importance 64 · Surprise 42 · In source text

First Solar expects to spend $0.6 billion to $0.8 billion on capital expenditures during 2026, including manufacturing capacity, R&D initiatives, and machinery and equipment upgrades. The company expects its South Carolina facility investment to total approximately $0.3 billion; the facility’s first phase began commercial production in September 2026, and its second phase is expected to begin operations in mid-2027. Management says these capacity investments may be financed through cash on hand, customer advance payments, and Section 45X advanced manufacturing production credits.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
cashnegativecommitted-4.3%First Solar expects 2026 capital expenditures of $0.6 billion to $0.8 billion, including the new facility, R&D initiatives, and machinery…