Three months ago First Solar told investors that it would make up its mind on whether to launch a yieldco by the time it released its third-quarter earnings.
In a conference call on Thursday, chief executive Jim Hughes confirmed the company will not move forward with a yieldco, adding that First Solar “may revisit” the decision in the future.
“We don’t feel we’re missing either gross margin opportunities or market share-capture opportunities because we don’t have a yieldco today,” Hughes explains.
“We
