What happened Shares of First Solar (NASDAQ: FSLR) jumped 9.7% on Monday, following bullish commentary from two Wall Street investment teams. Now what First Solar is poised to be a prime beneficiary of the Inflation Reduction Act of 2022, which contains a whopping $369 billion in climate change and energy security investments. "We expect that this new facility will play a pivotal role in solidifying America's leadership in the development and responsible production of high-performance thin film photovoltaic semiconductors," chief technology officer Markus Gloeckler said.