---
schema_version: "secwatch.filing_event.v1"
accession: "0001274494-25-000043"
form_type: "8-K"
ticker: "FSLR"
cik: "0001274494"
company_name: "FIRST SOLAR, INC."
filed_at: "2025-06-24T23:59:59+00:00"
generated_at: "2026-05-18T22:03:30.497157+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Solar sells $311.9M in 45X tax credits for $296.3M cash

## Summary
- Tax Credit Transfer Agreement entered June 20, 2025, to sell Section 45X production tax credits generated from US module sales in early 2025.
- Purchase price of $296,265,276.80 paid in a single installment on the Effective Date, representing ~95% of the $311.9M face value.
- Counterparty is a leading financial institution; agreement contains customary covenants, indemnification, and termination provisions.
- Transaction converts future tax credits into immediate cash, strengthening liquidity without debt.

## SEC filing metadata
- accession: 0001274494-25-000043
- form_type: 8-K
- ticker: FSLR
- cik: 0001274494
- company_name: FIRST SOLAR, INC.
- filed_at: 2025-06-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1274494/000127449425000043/0001274494-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1274494/000127449425000043/fslr-20250620.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001274494-25-000043
- JSON: https://secwatch.observer/filing/0001274494-25-000043.json
- Plain text: https://secwatch.observer/filing/0001274494-25-000043.txt

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