UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): September 28,
2007
FIRST SOLAR, INC.
(Exact name of registrant as specified in its charter)
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| Delaware
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001-33156
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20-4623678 |
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(Commission
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(I.R.S. Employer |
| of incorporation)
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File Number)
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Identification No.) |
4050 East Cotton Center Boulevard
Building 6, Suite 68
Phoenix, Arizona 85040
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (602) 414-9300
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the
registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
Item 1.01. Entry into a Material Definitive Agreement.
On
September 28, 2007, First Solar, Inc. (“First Solar”) announced its entry into a new
long-term supply contract and its agreement to extend the terms of five existing long-term supply
contracts. These new supply arrangements increase the total volume of modules to be sold by First
Solar between 2007 and 2012 by an aggregate of 625MW, allowing for additional sales of
approximately $1.1 billion at an assumed exchange rate of $1.30/€1.00.
Details of the extended long-term supply contracts are as follows:
(i) Framework Agreement on the Sale and Purchase of Solar Modules between First Solar, GmbH
and Blitzstrom GmbH, amended September 27, 2007;
(ii) Framework Agreement on the Sale and Purchase of Solar Modules between First Solar, GmbH
and Conergy AG, amended September 27, 2007;
(iii) Framework Agreement on the Sale and Purchase of Solar Modules between First Solar, GmbH
and Gehrlicher Umweltschonende Energiesysteme GmbH, amended September 27, 2007;
(iv) Framework Agreement on the Sale and Purchase of Solar Modules between First Solar, GmbH
and Phoenix Solar AG, amended September 27, 2007; and
(v) Framework Agreement on the Sale and Purchase of Solar Modules between First Solar, GmbH
and Reinecke + Pohl Sun Energy AG, amended September 27, 2007.
The new long-term supply contract is a Framework Agreement on the Sale and Purchase of Solar
Modules between First Solar, GmbH and ASSYCE Fotovoltaica, dated September 27, 2007.
A copy of the press release announcing the new supply arrangements is attached hereto as
Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 |
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Press Release of First Solar issued on September 28, 2007. |