First Solar creates tough act to follow

Companies seeking to take First Solar's place at the top of the thin-film solar panel market won't have an easy time of it – even if investors are hungry to find such a contender.

The Phoenix-based maker of cadmium-telluride panels has driven its production costs to as low as $1.08 per watt in the third quarter of 2008, down from $1.18 in the previous quarter and $1.23 in 2007.

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