First Solar Slips to 271st in Trading Volume as Quantum Dot Partnership Boosts Efficiency

On July 11, 2025, First Solar Inc. (FSLR) experienced a significant decline in trading volume, with a total of 3.42 billion shares traded, marking a 31.85% decrease from the previous day. This decline placed First Solar at the 271st position in terms of trading volume for the day. Additionally, the stock price of First Solar has been on a downward trend, falling by 1.61% over the past two days, resulting in a cumulative decrease of 2.14%.

First Solar Inc. has entered into a strategic supply agreement with UbiQD, a Los Alamos-based company specializing in quantum dot technology. This multi-year agreement aims to integrate UbiQD's innovative technology into First Solar's thin-film bifacial photovoltaic solar panels. The partnership follows an initial joint development agreement signed in 2023, which focused on mass-producing UbiQD's technology. This new supply agreement enables UbiQD to scale up its production capacity by over 100 metric tons per year, marking a significant milestone for the quantum dot industry.

Hunter McDaniel, the founder and CEO of UbiQD, highlighted the importance of this partnership, stating that it demonstrates how U.S. innovation and manufacturing can deliver differentiated performance in the renewable energy sector. The collaboration comes at a crucial time when advancements in efficiency and materials are essential for meeting the growing demand for energy, particularly from data centers and artificial intelligence applications.

First Solar's chief technology officer, Markus Gloeckler, expressed excitement about the potential of quantum dot technology to enhance the performance of their solar panels. He noted that even incremental gains in bifaciality can have a substantial impact on energy yield at the utility scale. This partnership is expected to drive innovation and improve the efficiency of First Solar's solar panels, positioning the company competitively in the market.