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First Solar Flares
were lower-than-expected manufacturing costs and better volumes. The company spent $1.12 per watt of generating capacity to make its panels, down from $1.19 a year ago. "It really demonstrates their leadership within the industry," Hinckley said.

Although the increased efficiency was specific to First Solar, the entire industry benefited in the stock market on Wednesday. Shares of SunPower (nasdaq: SPWR - news - people ) were up 11.4%, or $8.12, to $79.42, Evergreen Solar (nasdaq: ESLR - news - people ) jumped $11.3%, or $1.14, to $11.25, LDK Solar

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