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Sankey diagram of First Solar, Inc.. A complete text table follows the diagram.
The utility-scale solar backlog equals more than twelve quarters of current shipments, with half eligible for technology-improvement pricing
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Contracted volume excludes Indian customer contracts for which payment is not fully secured. Transaction value excludes variable consideration and can change with technology, freight, commodity prices, wattage, domestic-content qualification, tariffs, amendments, cancellation, or termination.
Labels and narrative explain the filing. A category marked “arithmetic bridge” or “residual” is calculated from reported totals, rather than a separately reported line.
| Category | Stage | Value | Notes |
|---|---|---|---|
| Contracted future module sales | 1 | 47.9 | $14.4B transaction price through 2030 |
| Technology-adjustment volume | 2 | 23.4 | Potentially rewards future module improvements |
| Other contracted volume | 2 | 24.5 | Arithmetic remainder of booked modules |
| From | To | Value |
|---|---|---|
| Contracted future module sales | Technology-adjustment volume | 23.4 |
| Contracted future module sales | Other contracted volume | 24.5 |