First Solar
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.
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Industry Intensity
Solar Thermal Electricity is among the most carbon-intensive industries
Industry performance
The Solar Thermal Electricity industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
First Solar's reported carbon emissions
First Solar, a US-based company in the "Electricity by solar thermal" industry, reported a total of approximately 936 million kg CO2e for Scope 1 and 2 emissions in 2024. This is an increase from approximately 788 million kg CO2e in 2023 and approximately 571 million kg CO2e in 2022. Scope 3 emissions data was not available for 2024 and 2023.
In 2022, First Solar reported Scope 1 emissions of approximately 7.69 million kg CO2e, Scope 2 emissions of approximately 563 million kg CO2e (market-based and location-based), and Scope 3 emissions of approximately 2.68 billion kg CO2e.
First Solar is committed to significant climate action, with a stated goal to achieve net-zero GHG emissions by 2050, relative to a 2020 baseline. This long-term target is aligned with limiting global temperature rise to 1.5°C.
For the near term, First Solar has set science-based targets, including a commitment to reduce absolute Scope 1 and 2 GHG emissions by 34% by 2028 from a 2020 baseline. They also aim to reduce Scope 3 GHG emissions from purchased goods and services by 45% per MW produced within the same timeframe. Furthermore, there is a commitment to reduce Scope 3 emissions from capital goods and fuel- and energy-related activities by 97% per MW produced by 2050.
The company has also made commitments to power its global operations with 100% renewable energy by 2028.
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First Solar’s Climate Goals (2030 & 2050)
5 goals2028
In 2020, we joined RE100 and committed to powering our globa…
In 2020, we joined RE100 and committed to powering our global operations with 100% renewable energy by 2028.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisationsFrequently asked questions
Common questions about First Solar’s sustainability data and climate commitments
Data year: 2024
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