This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

VDE Americas And First Solar Implement New Standards For Bankability And Quality Assurance

Stocks in this article: FSLR

VDE Americas, a wholly-owned subsidiary of the globally recognized certification body VDE Institute, and First Solar, Inc. (Nasdaq: FSLR) announced today the establishment of a strategic relationship that significantly raises the industry bar for technical bankability and risk reduction for PV power plant operators, investors and financial entities.

For years, First Solar – a world-class leader in PV solar power system and module manufacturing quality and reliability – has relied on module-level testing and manufacturing processes that went well beyond currently established international standards. Working with third-party independent certification body VDE, First Solar has now set a benchmark for the highest levels of quality and reliability for entire PV solar power systems.

“At First Solar we are committed to providing the lowest risk and highest quality products in the solar industry,” said Azmat Siddiqi, First Solar’s Senior Vice President of Quality and Reliability. “This expanded relationship with VDE documents rigorous quality assurance requirements at the PV plant/system level, and establishes our position as a leader in technical bankability.”

The “VDE Quality Tested” mark for PV power plants was designed by VDE together with its partner, the Fraunhofer Institute for Solar Energy Systems (ISE), a world-leading applied research institute in the field of solar energy. The testing portfolio delivers significant advantages in four key areas: electrical and mechanical safety of the system; system performance (through a highly accurate energy yield report); proper system operation; and independent verification for investors, lenders, insurance companies and other stakeholders by highly competent and reputable independent experts.

“VDE has been engaged with First Solar for many years in the certification of modules and manufacturing processes. We’re pleased that First Solar will be leading the industry by implementing our new VDE Quality Tested mark for their PV solar power systems,” commented John Sedgwick, President of VDE Americas. “VDE and our partner Fraunhofer ISE are committed to reducing the technical risk often associated with PV power plant investments. We will continue to work closely with industry players to help raise the standard for the solar sector.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,672.60 -141.38 -0.79%
S&P 500 2,051.82 -11.33 -0.55%
NASDAQ 4,757.8790 +7.4820 0.16%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs