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Tougher U.S. solar incentives and rules could reshape First Solar outlook

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Strengthened U.S. policy incentives and tighter restrictions on foreign entities of concern have boosted near-term demand for First Solar’s domestically produced modules and improved its competitive position. The company projects revenue of $6.8B and earnings of $3.0B by 2029, but investors face material policy risk if subsidies, tariffs, or domestic-content rules change.

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