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March 20 -- Wednesday was a good day for First Solar Inc.

First, the company announced it had set a world record for thin-film module efficiency at its Perrysburg Township plant.

Then the firm revealed its financial expectations for the next few years, which caused its stock price to soar.

The company announced that it had produced a cadmium-telluride photovoltaic module that achieved 17.0 percent total area module efficiency in tests performed by the U.S. Department of Energy’s National Renewable Energy Laboratory. >>View Article

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