First Solar is the world's largest thin-film solar module manufacturer and largest utility-scale solar project developer. It has constructed the three largest PV solar power plants globally and has worldwide operations across North America, Europe, Asia, Africa, and Australia. First Solar discusses trends in solar PV costs declines, installation growth across key markets, the cyclical nature of subsidy-driven markets, and the need for grid parity and new markets if the industry is to thrive without long-term subsidies. Challenges discussed include accommodating solar at scale without subsidies and ensuring priority grid access, transmission, and continued policymaker support.