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First Solar Shares Surge 5% on Alphabet’s Intersect Power Partnership

First Solar Shares Surge 5% on Alphabet’s Intersect Power Partnership

Author:

Global Cryptocurrency

Published:

2026-01-03 10:14:02

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BTCCSquare news:

First Solar Inc. (FSLR) opened 2026 with a 5% rally, closing at $274.34 per share following Alphabet's announced collaboration with Intersect Power. The deal highlights growing demand for utility-scale solar solutions, particularly thin-film modules, as data centers seek integrated energy parks combining generation and storage.

Solar peers Enphase Energy, SolarEdge Technologies, and Sunrun rose between 5-9%, reflecting renewed Optimism for U.S.-manufactured solar equipment. Market attention now turns to upcoming macroeconomic data, though First Solar's next earnings report remains the primary catalyst for the sector.

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