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Posted on: Nov. 18, 2015, 11:36 a.m.
Deutsche Bank has expressed cautious optimism for First Solar's ability to develop projects in the United States after the scheduled Investment Tax Credit (ITC) step down. In an investor note published yesterday, Deutsche said that Power Purchase Agreements being signed by First Solar at present in the mid US$40/MWh to upper $50/MWh would still be feasible for the company even with an ITC at 10%. Full investment news article