First Solar Inc. (NASDAQ:FSLR) is one of the cheap stocks to buy for the next 3 years. On January 9, Bank of America raised the firm’s price target on First Solar to $291 from $255 and kept a Buy rating on the shares. Looking toward 2026, BofA described the upcoming period as a stock-picker’s cycle rather than a solar-beta cycle. This suggests that broad sector trends will no longer lift all boats; instead, success will depend on individual company performance. A day before that, Guggenheim raised the fi ...

Core Insights - Nextpower Arabia, a joint venture between Abunayyan and Nextpower, aims to accelerate the deployment of utility-scale solar power plants in the MENA region, aligning with Saudi Arabia's Vision 2030 initiative [1][2] Group 1: Joint Venture and Objectives - The joint venture was officially incorporated to support regional renewable energy goals and enhance local industrial capacity [1] - The collaboration leverages Abunayyan's expertise in water and energy infrastructure and Nextpower's solar tracking technology [2] Group 2: Economic and Social Impact - The initiative is focused on making energy and water supply sustainable and affordable, which is crucial for Saudi Arabia's economic and social development [3] - The partnership aims to localize advanced manufacturing and technologies, contributing to long-term value creation [4] Group 3: Manufacturing Facility - A new manufacturing facility in Jeddah will produce advanced solar tracker systems, with an expected annual production capacity of up to 12GW [5] - The facility, covering 42,000m², is projected to create up to 2,000 jobs and support local engineering talent [5] Group 4: Strategic Vision - The manufacturing facility represents a strategic vision to localize the solar supply chain and enhance collaboration for cost-effective clean energy [6] - Sourcing core materials locally, such as Saudi-produced steel, supports economic diversification and aligns with Saudi Vision 2030 [7] Group 5: Nextpower's Track Record - Nextpower has installed over 150GW of solar trackers globally, with significant projects in the MENA region, including the Mohammed Bin Rashid Al Maktoum Solar Park [7]

FREMONT, Calif., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, today announced that it began production shipments of its IQ9N-3P™ Commercial Microinverter across the United States in late December 2025. The product is manufactured in the United States to support domestic content requirements and Foreign Entity of Concern (FEOC) compliance for eligible commercial solar projects. This is Enphase’s first microinverter powered by gallium nitride (GaN) ...

Flash | 11 Jan 2026 15:47:32 ET │ 10 pages China Solar Sector Export VAT Rebate Cut Hurts Near-Term Earnings but Accelerates Long- Term Industry Consolidation CITI'S TAKE On 9 January 2026, Ministry of Finance and State Taxation Administration of PRC jointly released the Announcement Regarding the Adjustment of Export Tax Rebate Policies for Photovoltaic and Other Products (News.cn, 9 Jan). The export VAT rebates for solar products (ex-inverters) will be abolished (from 9% now) from 1 April 2026, and the ex ...

Core Insights - Scatec ASA has signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for a total capacity of 1.95 GW Solar and 3.9 GWh Battery Energy Storage Systems (BESS) in Egypt [1][2] - This agreement represents the largest solar and BESS installation in Africa and marks the largest investment in Scatec's history [2] - The project aims to provide continuous renewable baseload power and enhance grid stability in Egypt [2][3] Project Details - The PPA is structured as a 25-year, USD-denominated pay-as-produced agreement linked to the electricity generated by the hybrid system, expected to deliver approximately 6,000 GWh of renewable energy annually [4] - Scatec will provide Engineering, Procurement and Construction (EPC), Asset Management (AM), and Operations & Maintenance (O&M) services for the projects, leveraging its expertise from similar large-scale projects [5] - The company will invite additional equity partners for the projects, with further details on capital expenditure and financing structure to be disclosed at financial close, anticipated in the second half of 2026 [6] Company Overview - Scatec is a leading renewable energy solutions provider, with 6.2 GW in operation and under construction across five continents [7] - The company is committed to accelerating access to reliable and affordable clean energy in emerging markets and aims to grow its renewable energy capacity [7]

Core Viewpoint - Canadian Solar Inc. has announced a private offering of US$200 million in convertible senior notes due 2031, with an option for initial purchasers to buy an additional US$30 million [1][2] Group 1: Offering Details - The offering is expected to close on or about January 13, 2026, subject to customary closing conditions [1] - Net proceeds from the offering are estimated to be approximately US$194.6 million, or US$223.9 million if the option for additional notes is fully exercised [2] - The notes will accrue interest at a rate of 3.25% per annum, payable semi-annually starting July 15, 2026, and will mature on January 15, 2031 [3] Group 2: Conversion and Redemption - Holders of the notes can convert them into common shares at a conversion rate of 36.1916 shares per US$1,000 principal amount, equating to an initial conversion price of approximately US$27.63 per share, representing a 42.5% premium over the last reported sale price of US$19.39 [4] - The company may redeem the notes for cash on or after January 22, 2029, if the common shares' price exceeds 130% of the conversion price for at least 20 trading days within a 30-day period [5] - Holders can require the company to repurchase their notes in cash in the event of certain fundamental changes, at a price equal to 100% of the principal amount plus accrued interest [6] Group 3: Company Overview - Canadian Solar is a leading global solar technology and renewable energy company, founded in 2001 and headquartered in Kitchener, Ontario [9] - The company has delivered nearly 170 GW of solar photovoltaic modules and has a contracted backlog of $3.1 billion in battery energy storage solutions as of October 31, 2025 [9] - Canadian Solar has developed approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally, with a project development pipeline of 25 GWp of solar and 81 GWh of battery energy storage capacity [9]

Flash | 08 Jan 2026 12:28:42 ET │ 11 pages Jinko Solar (688223.SS) Update on AI-assisted Perovskite Solar Cell Development and Space Solar Power CITI'S TAKE Jinko Solar hosted an investor call today introducing its partnership with XtalPi (2228.HK, NR) on the AI-assisted R&D of perovskite tandem solar cells. Key takeaways include: (i) Jinko aims to commercialize perovskite tandem solar cell products by 2028E; (ii) the AI-driven R&D process could shorten the development cycle by up to 70%; and (iii) the comp ...

Group 1 - Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] - Jefferies downgraded First Solar from Buy to Hold on January 7, 2026, citing lowered guidance, significant de-bookings, and margin compression throughout 2025 [2] - Following the downgrade, First Solar's stock price decreased by $27.67, or 10.29%, closing at $241.11 per share on January 7, 2026 [2] Group 2 - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [3]

The share price of Sunrun Inc. (NASDAQ:RUN) fell by 5.65% between December 31, 2025, and January 7, 2026, putting it among the Energy Stocks that Lost the Most This Week. Deutsche Bank Trims Price Target on Sunrun (RUN) Sunrun Inc. (NASDAQ:RUN) is America’s leading provider of clean energy as a subscription service, offering residential solar and energy storage with no upfront costs. On January 7, Deutsche Bank lowered its price target on Sunrun Inc. (NASDAQ:RUN) from $20 to $19, while maintaining a ‘Ho ...

China’s market regulator has warned several producers of polysilicon, a key material in solar panels, about monopoly risks stemming from their consolidation efforts in the oversupplied sector. Six companies including Tongwei Co. and GCL Technology Holdings, along with the industry association, were summoned by the State Administration for Market Regulation, local media outlet Securities Times reported on Thursday, citing unnamed sources. The agency warned them not to coordinate on production capacity, sal ...