Can FSLR maintain its revenue growth beyond 2024?

**First Solar (FSLR) is well-positioned to sustain its revenue growth beyond 2024**, considering the following factors: 1. **Strong Financial Performance and Growth Prospects**: First Solar has demonstrated robust financial performance, with significant revenue growth in 2024. The company's revenue growth rate of 30.68% for the year indicates a strong market demand for its products. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |FSLR|FSLR.O|First Solar|2024 Q1|44.83463010180818|7.94108E8|185| |FSLR|FSLR.O|First Solar|2024 Q2|24.647299219290637|1.010482E9|185| |FSLR|FSLR.O|First Solar|2024 Q3|10.807524747531488|8.87668E8|185| |FSLR|FSLR.O|First Solar|2024 Q4|30.68292948186229|1.514031E9|185| 2. **Strategic Partnerships and Manufacturing Investments**: First Solar's partnership with Shoals Technologies Group to strengthen domestic solar manufacturing in Alabama reflects a strategic commitment to reshoring solar supply chains. This partnership is expected to support sustainable growth in renewable energy production and job creation. 3. **Undervaluation and Attractive Market Position**: Despite political uncertainty and market fluctuations, First Solar remains an undervalued solar giant with strong financials. The company's unique position as the largest vertically integrated solar manufacturer in the U.S., without Chinese supply chains, positions it well for long-term growth. 4. **Global Expansion and Capacity Increase Plans**: First Solar has plans to increase its global annual capacity to 20 GW by 2025, indicating a clear long-term growth path. The company's investment in domestic manufacturing facilities in Ohio, India, Malaysia, and Vietnam, along with its plans for a global capacity expansion, suggest a commitment to scaling up production to meet growing demand. 5. **Policy Support and Favorable Market Conditions**: The Inflation Reduction Act (IRA) and other U.S. policies supporting renewable energy growth are expected to benefit First Solar further. The company is positioned to capitalize on these policy tailwinds, which should contribute to sustained revenue growth. In conclusion, First Solar's strong financial performance, strategic partnerships, undervaluation, global expansion plans, and favorable market conditions suggest that the company is likely to maintain its revenue growth beyond 2024.