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First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

The company expects to ship 7.8 GW to 8 GW of solar modules in 2021

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U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4 billion in the same quarter a year earlier. In 2020, the company saw net sales worth $2.7 billion.

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