First Solar Inc. Signs $848 Million Power Supply Pact With Apple Inc.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


First Solar Inc. (Nasdaq: FSLR) signed an $848 million, 25-year agreement Tuesday to sell power to Apple Inc. (NASDAQ: AAPL).Tempe, Arizona-based First Solar closed Tuesday up nearly 5 percent and changed hands recently in the extended session at $49.45, gaining $0.91.Apple will acquire the electricity from First Solar's California Flats Solar Project in Monterey County, California.Construction is expected to begin in mid-2015, and to be completed by the end of 2016. The output of the remaining 150 megawatts of the project will be sold to Pacific Gas & Electric Pacific Gas & Electric Co.(NYSE: PCG) under a separate, long-term agreement.First Solar said the Apple contract is the largest agreement in the industry to provide clean energy to a commercial end user.The 2,900-acre California Flats Solar Project occupies 3 percent of a property owned by the privately held Hearst Corp. in Cholame, California.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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