Solar Energy
Search documents
TOYO Co., Ltd. Acquires Remaining 24.99% Interest in TOYO Solar LLC
Prnewswire· 2025-12-08 13:30
TOKYO, Dec. 8, 2025 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF), ("TOYO" or the "Company"), a solar solution company, today announced that it has acquired the remaining 24.99% membership interest in its U.S. subsidiary, TOYO Solar LLC, making it a wholly owned subsidiary of the Company. This transaction follows TOYO's recent strategic expansion into U.S.-based manufacturing and underscores the Company's commitment to strengthening its presence in the American solar supply chain. TOYO Solar L ...
Sunrun (RUN) Sheds 13% on Nearly 40 Million New Shares Registration
Yahoo Finance· 2025-12-08 04:08
Core Viewpoint - Sunrun Inc. (NASDAQ:RUN) has experienced a significant decline in share prices due to investor concerns over a proposal to register nearly 40 million new shares, leading to a 13.18% drop week-on-week [1][3]. Group 1: Share Registration and Investor Sentiment - Sunrun intends to register 34.7 million shares under its 2015 Equity Incentive Plan and 4.2 million shares under its Employee Stock Purchase Plan, which has raised concerns about potential dilution among investors [2]. - The proposal for new shares has negatively impacted investor sentiment, contributing to the recent decline in share prices [2]. Group 2: Tax Credit Deadline and Market Impact - Investors are reducing their positions in Sunrun amid the approaching deadline for tax credits on clean energy investments, which is set for December 31 [3]. - The new rules under the One Big Beautiful Bill Act, signed into law last July, require homeowners to complete solar and battery installations by the deadline to qualify for a 30% tax credit [3]. - This deadline is expected to drive sales for clean energy companies, including Sunrun, as customers rush to secure subsidies before they expire [4].
Homeowners risk missing out on solar tax credits. This is why.
Yahoo Finance· 2025-12-06 11:00
(Bloomberg) — The big red billboard planted by a solar company alongside a Southern California freeway warns passersby that the “Solar Tax Credit Is Expiring,” beckoning homeowners to install solar panels and batteries before the Trump administration eliminates the generous incentive on Jan. 1. The deadline has helped drive a big spike in business for solar installers as buyers rush to qualify for the 30% tax credit before it disappears. But California installers said lengthy utility permitting times coul ...
New Energy Equity's Lift As We Climb Foundation Raises $143,000 for Let's Share the Sun Foundation at 4th Annual Charity Golf Tournament
Prnewswire· 2025-12-05 16:13
ANNAPOLIS, Md., Dec. 5, 2025 /PRNewswire/ -- New Energy Equity and its Lift As We Climb Foundation (LAWC) raised $143,000 to support Let's Share the Sun Foundation (LSTS), a nonprofit dedicated to bringing solar energy to underserved communities. LSTS is currently in Adjuntas, Puerto Rico, installing 200 solar + storage systems in medically vulnerable communities. Continue Reading LAWC President Jim Wrathall (left) and LAWC Treasurer Kevin Nguyen (right) present the donation check to Let's Share the Sun boa ...
Lelantos Holdings Engages Aloba, Awomolo & Partners as PCAOB-Approved Auditor to Support Planned Uplift to OTCQB
Globenewswire· 2025-12-05 13:00
Core Insights - Lelantos Holdings, Inc. has engaged Aloba, Awomolo & Partners (AAP) to conduct financial audits in preparation for an uplisting to the OTCQB® Venture Market, aiming to enhance transparency and governance standards [1][2][4] Group 1: Company Overview - Lelantos Holdings is a diversified development company focused on renewable energy and high-value natural resource opportunities [1][6] - The company aims to operate as a vertically integrated entity to reduce overhead and increase service offerings in the sustainable energy sector [6] Group 2: Audit Engagement - AAP, a PCAOB-approved auditing firm, will perform independent audits of Lelantos Holdings' financial statements, aligning with PCAOB standards to support enhanced internal controls and transparency [2][4] - The engagement of AAP is seen as a key milestone in Lelantos Holdings' evolution as a public company, reflecting its commitment to institutional-grade governance [4] Group 3: Strategic Goals - The company believes that a successful uplist to OTCQB could improve trading liquidity, broaden its investor base, and increase visibility within capital markets [4] - AAP's experience in PCAOB-standard audits is expected to support Lelantos Holdings' objectives of elevating reporting practices and governance standards [4][5]
SUNation Energy Announces Final Distribution to Holders of Contingent Value Rights
Globenewswire· 2025-12-04 21:05
RONKONKOMA, N.Y., Dec. 04, 2025 (GLOBE NEWSWIRE) -- SUNation Energy Inc. (Nasdaq: SUNE) (“SUNation” or the “Company”), a leading provider of sustainable solar energy and backup power to households, businesses, municipalities, and for servicing existing systems, today announced that it will make a final cash distribution to holders of non-transferable Contingent Value Rights (“CVRs”) of $0.12 per CVR. The result of this final payment is that there will remain no future payments due or owing by the Company. A ...
Skycorp Solar Group Limited Announces $2 Million Share Repurchase Programme
Globenewswire· 2025-12-04 13:05
Ningbo, China, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Skycorp Solar Group Limited (Nasdaq: PN) (the “Company”), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced its board of directors has approved the adoption of a Share Repurchase Programme (the “Programme”), under which the Company plans to repurchase its ordinary shares for a maximum total consideration of up to US$2,000,000. The purpose of the Programme is to optimize the Company’s capital ...
Enphase Energy (ENPH) Outlook Gains Attention Amid Mixed Analyst Views
Yahoo Finance· 2025-12-04 04:29
Group 1 - Enphase Energy Inc. is recognized as a leading energy technology company specializing in solar micro-inverters and residential energy solutions, including EV charging infrastructure [4] - The company has recently announced a $68 million safe harbor agreement with a financing partner, which is its third such agreement since the US budget bill was approved in July 2025, aimed at securing federal tax credits [2] - Enphase's IQ EV Charger offers smart, internet-connected charging capabilities, and the newly unveiled IQ Bidirectional EV Charger enhances its role in clean energy by enabling vehicle-to-home and vehicle-to-grid functionalities [4] Group 2 - Analyst sentiment towards Enphase remains mixed, with a consensus Hold rating from 21 analysts, including 6 Buys, 8 Holds, and 7 Sells, and an average 12-month price target of $37.91, indicating a potential upside of 32.65% from its recent close at $28.58 [1] - BMO Capital's Ameet Thakkar has reiterated a Sell rating with a target of $31, citing challenges in the US residential market due to competition and regulatory changes, while also noting that significant growth may not occur until fiscal 2026 [3]
Ellomay Capital Provides Updates on its Italian Solar Operations
Globenewswire· 2025-12-03 21:10
Core Insights - Ellomay Capital Ltd. has been awarded a tariff in Italy's FER X national competitive tender for its 79.5 MW solar project, securing support for 75% of the project's capacity [1][2] - The awarded tariff is €67.7/MWh, which includes a fixed price and a regional supplement, providing long-term price stability for the project [2][3] - The project is expected to generate approximately €180 million in total revenues over the 20-year contract period [3] Project Details - The Ellomay 11 project has a peak capacity of 79.5 MWp and an expected annual generation of about 119,300 MWh, with an energy specific yield of 1,501 kWh/kWp [2] - The tariff awarded includes a 20-year two-way Contract for Difference (CfD), ensuring price stability for 75% of production while the remaining 25% will be sold under merchant pricing [3] Company Expansion - The award reinforces Ellomay's expansion in the Italian renewable market, with a portfolio that includes 38 MW of operational projects and 160 MW under advanced construction expected to achieve commercial operation in 2026 [4] - The company is also developing a battery energy storage platform in Italy to complement its solar portfolio [6] Financial Developments - The company has made the first withdrawal of funds under the project finance obtained for its Italian solar portfolio, which is 51% owned [5] - The CEO highlighted the strategic importance of winning the FER X tender, emphasizing the company's ability to secure financing and advance its renewable energy projects [7]
Terra-Gen closes financing for Lockhart III & IV solar project in US
Yahoo Finance· 2025-12-03 09:50
US renewable energy producer Terra-Gen has closed project financing for the Lockhart III & IV solar development in San Bernardino County in the US state of California. The project’s total financing package amounts to $383.3m, comprising a $236.1m tax equity bridge loan, a $107.5m construction and term loan, and $39.7m in unfunded facilities. A consortium of four commercial banks, both US-based and global, will provide the funding for the project. These comprise Crédit Agricole Corporate and Investment B ...