First Solar Plans Up to $1.9 Billion in Capex for 2024

February 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--After seeing a jump in net sales for the fourth-quarter and full-year 2023, First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is projecting capital investment of between $1.7 billion and $1.9 billion for 2024 as the company builds out its solar panel-manufacturing and research & development (R&D) facilities.