PHOENIX, Nov 30, 2007 (PrimeNewswire via COMTEX News Network) — First Solar, Inc. (Nasdaq:FSLR), manufacture of solar modules with an advanced thin film semiconductor process, announced that it has acquired Turner Renewable Energy, LLC for a purchase price of approximately $34.3 million paid in a combination of common stock of First Solar, Inc. and cash. The company will operate as a wholly owned subsidiary of First Solar, Inc. under the name First Solar Electric, LLC. Turner Renewable Energy, LLC has operated under the name DT Solar and has designed and deployed commercial solar projects for utilities and Fortune 500 companies in the U.S. since 2004.
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