---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-24-000042"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T03:52:43.723583+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# First Solar sells up to $870M in Section 45X tax credits to Visa for $616M fixed plus variable tranche

## Summary
- Fixed tranche: $645M tax credits sold for $615.975M, representing 4.5% discount.
- Variable tranche: up to $225M additional tax credits at $0.955/dollar, payment due Feb 28, 2025.
- First payment of $400M received Dec 6, 2024; second payment of $215.975M due Dec 30, 2024.
- Tax credits generated from production at three specified facilities (Ohio and Alabama) in 2024.

## SEC filing metadata
- accession: 0001274494-24-000042
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000042/0001274494-24-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449424000042/fslr-20241206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-24-000042
- JSON: https://secwatch.observer/filing/0001274494-24-000042.json
- Plain text: https://secwatch.observer/filing/0001274494-24-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.