Tech Article

Shares in a solar power company, First Solar fell over 20 percent in early trading Wednesday after the firm lowered its sales forecast for 2011. The company is a leading maker of thin-film solar panels, and also a developer of solar power projects, predicted net sales in 2011 of $2.8 to $2.9 billion. That's down from earlier projections of $3.0 to $3.3 billion. Lower sales were due to delays in its projects caused by weather and other factors. The new robust project pipeline will help First Solar generate a significant amount of money in 2012.