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First Solar, Inc., a leading player in the solar thermal electricity industry, is headquartered in the United States. Founded in 1999, the company has established itself as a pioneer in sustainable energy solutions, focusing on the development and manufacturing of solar photovoltaic (PV) modules. With major operational regions across North America, Europe, and Asia, First Solar is renowned for its innovative thin-film technology, which offers superior performance in diverse environmental conditions.
The company’s commitment to sustainability is reflected in its core products, including advanced solar panels and utility-scale solar power plants. First Solar's unique approach to recycling and energy efficiency has positioned it as a market leader, achieving significant milestones such as being one of the largest solar manufacturers globally. With a strong emphasis on reducing the cost of solar energy, First Solar continues to drive the transition to renewable energy sources.
+30 vs industry average
First Solar’s score of 41 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Solar Thermal Electricity is among the most carbon-intensive industries
The Solar Thermal Electricity industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
First Solar, a US-based company in the Electricity by solar thermal industry, reported its 2024 Scope 1 emissions as approximately 16.59 million kg CO2e and Scope 2 (market-based) emissions as approximately 919.45 million kg CO2e. For 2023, its Scope 1 emissions were around 11.64 million kg CO2e, and Scope 2 (market-based) emissions were about 776.50 million kg CO2e. In 2022, First Solar's Scope 1 emissions were approximately 7.69 million kg CO2e, Scope 2 (market-based) emissions were about 563.65 million kg CO2e, and Scope 3 emissions totalled approximately 2.68 billion kg CO2e. The company has not disclosed Scope 3 emissions for 2023 or 2024.
First Solar has set robust climate commitments, including science-based targets validated by the Science Based Targets initiative (SBTi). The company commits to achieving net-zero greenhouse gas (GHG) emissions across its value chain by 2050. Near-term, First Solar aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 34% by 2028 from a 2020 base year. Additionally, it commits to reducing Scope 3 GHG emissions from purchased goods and services by 45% per MW produced within the same timeframe. Long-term, the company targets a 90% absolute reduction in Scope 1 and Scope 2 GHG emissions by 2050 from a 2020 base year. For Scope 3, First Solar aims for a 97% reduction in emissions from purchased goods and services, capital goods, and fuel- and energy-related activities per MW produced by 2050. These targets align with limiting global temperature rise to 1.5 degrees Celsius above pre-industrial levels. First Solar also committed to powering its global operations with 100% renewable energy by 2028, having joined RE100 in 2020.
2050
First Solar Inc commits to reach net-zero GHG emissions acro…
First Solar Inc commits to reach net-zero GHG emissions across the value chain by 2050.
2050
97% reduction in scope 3 downstream
First Solar Inc commits to reduce Scope 3 GHG emissions from purchased goods and services, capital goods, and fuel- and energy-related activ…
2028
45% reduction in scope 3 downstream
First Solar also commits to reduce scope 3 GHG emissions from purchased goods and services 45% per MW produced within the same timeframe.
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about First Solar’s sustainability data and climate commitments
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