CHONGQING, CHINA - JULY 29: In this photo illustration, a person holds a smartphone displaying the logo of First Solar Inc. (NASDAQ: FSLR), an American photovoltaic solar energy solutions company, ...

First Solar (NASDAQ: FSLR) has recorded a 9% year-to-date increase (May 13), considerably outperforming the S&P 500′s growth, drawing renewed attention from investors focused on renewable energy.

First Solar beat analysts' top- and bottom-line estimates. Several analysts hiked their price targets after learning of the company's strong financial performance. Shares of First Solar are currently ...