First Solar (NASDAQ: FSLR ) recently announced a $450 million share offering, a strange move for a company with a strong balance sheet. It will use some of this money to build giant projects in the southwestern U.S., but some will likely be used to build production of its new, high-efficiency technology.
High efficiency will bring First Solar into the residential market but it'll take years to learn if the move is a success. The stakes have never been higher for the company: Is it done for good, or ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, The Motley Fool has created a brand-new report that details every must know side of this stock. To get started, simply click here now.