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Why Analyze FirstSolar and SunEdison’s 2Q15 Earnings Together?

The Sun Shines on FirstSolar in 2Q15 as SunEdison Faces Headwinds

The parallels

FirstSolar (FSLR) and SunEdison (SUNE) have a lot in common. Both these companies earn over half of their total revenues from building solar power plants. Both these companies are industry leaders with expertise in utility-scale power plants. FirstSolar (FSLR) was the largest American solar power company as of August 12 with a market capitalization of $5.2 billion, followed by SunEdison (SUNE) at $4.5 billion. Both these companies have their own yieldcos, SunEdison’s TerraForm Power (TERP) and TerraForm Global (GLBL) and FirstSolar’s (FSLR) 8point3 Energy (CAFD), jointly...


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