Canadian Solar Inc. shares rise 1.20% premarket after T1 Energy and Corning announced a strategic commercial agreement boosting the U.S. solar supply chain.

Canadian Solar Inc. rose 1.20% in premarket trading. The company's stock price increase may be attributed to the recent strategic commercial agreement between T1 Energy Inc. and Corning Incorporated, which aims to boost the U.S. solar supply chain and advanced manufacturing of affordable, fast-to-deploy energy. This agreement is expected to support thousands of jobs and advance energy security, which could positively impact Canadian Solar Inc. as a key player in the solar industry.