Louisiana
First Solar (NasdaqGS:FSLR) Announces New Facilities in Alabama and Louisiana
First Solar has solidified its status as a major player in the solar industry with significant domestic expansions, reflecting a commitment to strengthen U.S. manufacturing through new facilities in Alabama and Louisiana. These strategic moves, coupled with a recent board change announcement, align with the rapid shifts within the U.S. solar sector. However, the company’s 10% share price decline last week mirrored broader market volatility, as the Nasdaq plunged 4%. While market turbulence likely influenced the price movement, First Solar’s collaborative efforts with Shoals Technologies could have lent some resilience against the overall downtrend.
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The recent developments at First Solar, with its expansions in Alabama and Louisiana, reflect strong intentions to capitalize on domestic demand, potentially enhancing future revenue and earnings despite recent price fluctuations. Over the past five years, the company’s total shareholder return was 204.33%, highlighting the robust long-term performance despite short-term market volatility. In comparison, First Solar underperformed the US Semiconductor industry over the past year, which saw an 8.6% return. These new production facilities, coupled with innovations like the CuRe modules, are anticipated to boost revenue and margins, aligning with the company’s growth projections through 2026.
With the current share price at US$120.38, investors may consider the analyst consensus price target of US$237.62, representing a potential upside of 49.3%. This suggests potential room for growth considering the company’s forward earnings and revenue projections. The market’s reaction to infrastructural and technological advancements could influence analysts’ revenue forecasts, which cite an annual growth expectation of 12.6% per year. As First Solar adapts to ongoing changes within the US policy and market environment, these expansions and technological strides may prove significant in offsetting current margin and profitability pressures.
Evaluate First Solar’s prospects by accessing our earnings growth report.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Louisiana
How Trump’s AI executive order impacts Louisiana
ALEXANDRIA, La. (KALB) – The federal government is building a nationwide standard as the United States competes in a global A.I. race, much the same as the Space Race of the 20th century.
Last week, President Trump signed an executive order aimed at establishing a uniform federal regulatory framework for artificial intelligence in the United States.
The order emphasized a need for AI companies to be allowed to innovate without hinderance from excessive regulations, so that the system would not become fragmented.
Marva Bailer is the CEO and founder of Qualaix, which works to improve productivity and innovation with AI through conversations. She said this framework a step towards realizing an untapped potential in the United States for innovation and productivity through AI.
“We are leading the AI race,” said Bailer. “What is getting people’s attention is there are areas that we could be a lot stronger and lean in a lot faster.”
We spoke with KALB political analyst Greg LaRose to learn how this new framework might impact Louisiana’s development.
Since 2024, the construction of multiple AI data centers has been announced across the state, with each new center estimated to be worth billions of dollars and promising new jobs and growth for Louisiana.
According to LaRose, the executive order should not realistically confine any of the state’s major AI projects.
“Through the Louisiana lens at that executive order from President Trump, I’m not really seeing anything that really confines what’s going on in the state.”
The majority of the state’s laws are concerned with deep fakes.
In October, Louisiana governor Jeff Landry issued his own executive order which banned, “Communist Chinese AI platforms’ from systems within state government.”
While it is unclear how Louisiana will enforce Landry’s order, LaRose said the state does face other concerns.
“I think they’re more concerned about giving China access to the data that is used to create, say, a Louisiana-based deep fake or any type of issue,” said LaRose. “For example, like transcription software that people are increasingly using to make record-keeping a lot easier. I think the idea is that that type of information be kept out of hands that we don’t want it in.”
This, as the global AI race heats up heading into 2026.
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Louisiana
Third inmate who escaped from southern Louisiana jail captured, officials say
The last of two inmates who had been on the run since escaping from a jail in the southern Louisiana city of Opelousas earlier this month has been caught, officials said Friday. A third inmate who was also part of the escape died by suicide after being caught by police, authorities previously said.
Keith Anthony Eli II, 24, was taken into custody in Opelousas, St. Landry Parish Sheriff Bobby Guidroz said in a news release. Opelousas is located about 25 miles north of Lafayette.
Guidroz said Eli was captured by narcotics detectives and a SWAT team thanks to a tip.
At the time of his escape, Eli was held on an attempted second-degree murder charge.
The three men had escaped the St. Landry Parish Jail on Dec. 3 by removing concrete blocks from an upper wall area, Guidroz said at the time.
Authorities said the inmates then used sheets and other materials to scale the exterior wall, climb onto a first-floor roof and lower themselves to the ground, Guidroz said.
Escapee Jonathan Joseph, 24, was captured on Dec. 5. He is in custody on multiple charges, including first-degree rape.
Joseph Harrington, 26, faced several felony charges, including home invasion. On Dec. 4, one day after the escape, he was recognized by a tipster while pushing a black e-bike. Police found the e-bike at a neighboring home and heard a gunshot while trying to coax him to leave the building. He had shot himself with a hunting rifle, Port Barre Police Chief Deon Boudreaux said by telephone to The Associated Press.
The escape came more than seven months after 10 inmates broke out of a New Orleans jail. All ten of since been captured.
Louisiana
MS Goon Squad victim arrested on drug, gun charges in Louisiana. Bond set
Victims speak on ‘Goon Squad’ sentencing
‘Goon Squad’ victims Michael Jenkins and Eddie Parker speak during a press conference after the sentencing at the Rankin County Circuit Court in Brandon, Miss., on Wednesday, April 10, 2024.
Eddie Terrell Parker, one of two men who settled a civil lawsuit against Rankin County and the Rankin County Sheriff’s Department in the “Goon Squad” case, was arrested Wednesday, Dec. 17, and is being held in a northeast Louisiana jail on multiple charges.
Louisiana State Police Senior Trooper Ryan Davis confirmed details of the incident to the Clarion Ledger via phone call on Friday, Dec. 19.
Davis said Parker was traveling east on Interstate 20 in Madison Parish, Louisiana, when a trooper observed Parker committing “multiple traffic violations.” Davis said the trooper conducted a traffic stop, identified themselves and explained the reason for the stop.
Parker was allegedly found in possession of multiple narcotics, along with at least one firearm.
Parker was booked around 8 p.m. Wednesday into the Madison Parish Detention Center in Tallulah, Louisiana, on the following charges, as stated by Davis:
- Possession of marijuana with intent to distribute
- Possession of ecstasy with intent to distribute
- Possession of methamphetamine with intent to distribute
- Possession of cocaine with intent to distribute
- Possession of drug paraphernalia
- Possession of a firearm in the presence of a controlled substance
- Possession of a firearm by a convicted felon
Details about the quantity of narcotics found in Parker’s possession were not immediately available.
Davis told the Clarion Ledger that Parker received a $205,250 bond after appearing before a judge.
Parker, along with another man named Michael Jenkins, was tortured and abused on Jan. 24, 2023, at a home in Braxton, at the hands of six former law enforcement officers who called themselves “The Goon Squad.” Parker and Jenkins filed a lawsuit in June 2023 against Rankin County and Rankin County Sheriff Bryan Bailey.
Each of the six former Mississippi law enforcement officers involved in the incident are serving prison time for state and federal charges. Those officers were identified as former Rankin County deputies Brett McAlpin, Hunter Elward, Christian Dedmon, Jeffrey Middleton and Daniel Opdyke, and former Richland police officer Joshua Hartfield.
Court documents show U.S. District Judge Daniel P. Jordan III issued an order on April 30 dismissing a $400 million lawsuit brought by Jenkins and Parker, saying that the two men had reached a settlement with the county and Bailey. Jenkins and Parker sought compensatory damages, punitive damages, interest and other costs.
According to court records, the case was dismissed with prejudice, meaning it cannot be refiled. However, the order stated that if any party fails to comply with settlement terms, any aggrieved party may reopen the matter for enforcement of the settlement.
Jason Dare, legal counsel for the Rankin County Sheriff’s Department, stated the settlement agreement totaled to $2.5 million. According to Dare, the settlement was not an admission of guilt on the county’s or the sheriff’s department’s part.
Pam Dankins is the breaking news reporter for the Clarion Ledger. Have a tip? Email her at pdankins@gannett.com.
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