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Tigo Energy Announces Full Repayment of $50 Million Convertible Promissory Note
Businesswire· 2025-12-18 05:05
LOS GATOS, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that it has repaid in full all outstanding principal and accrued interest under its 5.0% Convertible Promissory Note in the aggregate principal amount of $50.0 million (the "Convertible Promissory Note†) issued to L1 Energy Capital Management S.a.r.l. (L1 Energy). Tigo used cash on its balance sheet to repay that Convertible Promis. ...
Petrobras Enters Brazil's Solar Power Market With Lightsource bp JV
ZACKS· 2025-12-18 01:06
Key Takeaways Petrobras enters Brazil's solar market by buying a 49.99% stake in Lightsource bp's local units.The JV starts with the Milagres solar complex and includes a pipeline for gradual project expansion.The deal supports Petrobras' 2026-2030 plan to diversify energy sources while partnering as a minority owner.Petróleo Brasileiro S.A. - Petrobras (PBR) is making a clear move beyond oil and gas by entering Brazil’s solar energy market through a new partnership with the Brazilian unit of BP p.l.c.’s (B ...
SolarEdge Technologies to Benefit From Rising U.S. Solar Demand
ZACKS· 2025-12-17 22:01
SEDG has also been enhancing its manufacturing capacities in the United States to reap the benefits of the long- term growth opportunities offered by this nation in terms of solid solar installation capabilities. As part of its efforts to streamline and centralize its manufacturing in the United States, SolarEdge has discontinued manufacturing in China, Mexico and Hungary. The company is also optimizing its U.S. manufacturing footprint, which now includes residential inverters in Texas, optimizers and comme ...
T1 Energy Starts Construction on Texas Solar Cell Fab
Globenewswire· 2025-12-17 19:01
2.1GW Phase One Expected to Substantially Increase Domestic Silicon Cell SupplyAUSTIN, Texas and NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) today announced construction has begun on its G2_Austin solar cell fab, an anticipated $400 to $425 million investment in advanced American manufacturing. The project is expected to significantly expand the U.S. solar supply chain. The first phase of the fab is expected to have an annual capacity of 2.1GW ...
T1 Energy Starts Construction on Texas Solar Cell Fab
Globenewswire· 2025-12-17 19:01
AUSTIN, Texas and NEW YORK, Dec. 17, 2025 (GLOBE NEWSWIRE) -- T1 Energy Inc. (NYSE: TE) (“T1,” “T1 Energy,” or the “Company”) today announced construction has begun on its G2_Austin solar cell fab, an anticipated $400 to $425 million investment in advanced American manufacturing. The project is expected to significantly expand the U.S. solar supply chain. The first phase of the fab is expected to have an annual capacity of 2.1GW of high-efficiency TOPCon solar cells and begin producing cells by the end of 2 ...
Pivot Energy Secures Over $225 Million from Three Existing Lenders to Advance Community Solar Projects
Prnewswire· 2025-12-17 19:00
DENVER, Dec. 17, 2025 /PRNewswire/ -- Pivot Energy ("Pivot"), a leading national renewable energy provider and independent power producer, today announced three important financing agreements totaling $225 million, showcasing the company's continued momentum and commitment to scaling renewable energy production and distributed generation solar. The financing includes: This announcement follows Pivot's $450 million debt warehouse facility secured last year, which was led by First Citizens and ATLAS and ranks ...
Enphase Energy Expands Safe Harbor Agreement with a Leading TPO Provider
Globenewswire· 2025-12-16 21:00
FREMONT, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced a newly expanded safe harbor agreement with a leading solar financing company that offers third-party ownership (TPO) agreements to homeowners, including leases and power purchase agreements (PPAs). The newly expanded safe harbor agreement builds on a prior transaction with this leading TP ...
First Solar: Current Valuation Unsustainable, I'm Not Buying It (NASDAQ:FSLR)
Seeking Alpha· 2025-12-16 15:47
First Solar ( FSLR ) has emerged as the sole winner, it seems, from the many solar and renewable energy companies that were hyped up during 2022. Unlike the others, it actually has a functioning manufacturing capacity, which is whyMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to wh ...
FTC Solar Appoints Anthony Carroll to Board of Directors
Globenewswire· 2025-12-15 21:00
AUSTIN, Texas, Dec. 15, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced the appointment of Anthony Carroll to its Board of Directors, effective December 15, 2025. “We are excited to welcome Anthony to the Board,” said Shaker Sadasivam, Chairman of the Board, FTC Solar. “Anthony’s broad renewables experience and proven track record in building and guiding growth businesses will make him a valuable ...
Emeren Group Announces Completion of Merger
Prnewswire· 2025-12-15 19:00
the press release and based on assumptions that Emeren believes to be reasonable as of this date, and Emeren undertakes no obligation to update any forward-looking statement, except as required under applicable law. NORWALK, Conn., Dec. 15, 2025 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the completion of the merger contemplated by the previously announced agreement and plan of merg ...