With such high levels of technological advancements and degrees of government involvement, the solar-power industry is fraught with risks. First Solar (NASDAQ:FSLR) is one player that's been around long enough to see several of its high-profile contenders fall by the wayside -- last year's high-profile bankruptcy of Solyndra last year being just one example.

In the following video, our Foolish analysts take a closer look at First Solar, a company that develops, builds, and sells solar modules in the United States and abroad. Its thin-film semiconductor technology has allowed it to gain a $2 billion market capitalization in a relatively new industry, but as with any company in this sector, there are risks to be aware of.

Joel South, Taylor Muckerman, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend First Solar and Suntech Power. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.