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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Solar, Inc. - FSLR
Globenewswire· 2026-01-13 20:53
NEW YORK, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. (“First Solar” or the “Company”) (NASDAQ: FSLR). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether First Solar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On Janu ...
CANADIAN SOLAR ANNOUNCES CLOSING OF OFFERING OF US$230 MILLION CONVERTIBLE SENIOR NOTES DUE 2031
Prnewswire· 2026-01-13 14:30
Core Viewpoint - Canadian Solar Inc. has successfully closed a private offering of US$230 million in convertible senior notes, with net proceeds of approximately US$223.1 million after expenses [1][2]. Group 1: Offering Details - The offering included US$230 million aggregate principal amount of 3.25% convertible senior notes due 2031, with an additional US$30 million purchased by initial buyers [1]. - The notes were offered to qualified institutional buyers under Rule 144A of the Securities Act [1]. Group 2: Company Overview - Canadian Solar is a leading global solar technology and renewable energy company, founded in 2001 and headquartered in Kitchener, Ontario [4]. - The company has delivered nearly 170 GW of solar photovoltaic modules globally and has a contracted backlog of $3.1 billion in battery energy storage solutions as of October 31, 2025 [4]. - Canadian Solar has developed approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects since entering the project development business in 2010 [4]. - The company has a diversified project development pipeline with 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development [4].
Stardust Solar Zambia Secures 20-Year Power Purchase Agreement for 30MW Utility-Scale Project
TMX Newsfile· 2026-01-13 13:30
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - Stardust Solar Energy Inc. (TSXV: SUN) (OTCQB: SUNXF) (FSE: 6330) ("Stardust Solar" or the "Company") announces the securing of a 20-year, utility-scale Power Purchase Agreement ("PPA") in Zambia to support a 30-megawatt ("MW") solar project with up to US$60-90 million in contracted gross revenues. The government-backed agreement establishes long-duration, recurring royalty streams. It represents the largest royalty-based infrastructure tra ...
FTC Solar Appoints Wes Fuller VP, North America Utility Sales
Globenewswire· 2026-01-13 13:02
AUSTIN, Texas, Jan. 13, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has named Wes Fuller as its Vice President of North America Utility Sales. Fuller will report to Kent James, Chief Commercial Officer for North America. “Wes has an extensive track record of commercial leadership across the renewables industry, including trackers and energy storage,” said Kent James. “His expertise, leadersh ...
FTC Solar Appoints Wes Fuller VP, North America Utility Sales
Globenewswire· 2026-01-13 13:02
Renewables executive with extensive utility-scale sales experienceAUSTIN, Texas, Jan. 13, 2026 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, announced today that it has named Wes Fuller as its Vice President of North America Utility Sales. Fuller will report to Kent James, Chief Commercial Officer for North America. “Wes has an extensive track record of commercial leadership across the renewables industry, including track ...
SPWR Increases Equity Line Of Credit (ELOC) to $55 Million
Globenewswire· 2026-01-13 13:00
First Step In Cash Security PlanOREM, Utah, Jan. 13, 2026 (GLOBE NEWSWIRE) -- SunPower Inc. (herein “SunPower,” the “Company” or Nasdaq: “SPWR”) a solar technology, services, and installation company – today announced that it has entered into an amendment to increase the commitment level of the Company’s Equity Line Of Credit (ELOC) with White Lion Capital LLC of Woodland Hills, California from $30 million to $55 million. An ELOC is a financial vehicle by which an equity firm contractually agrees to buy a s ...
INVL Renewable Energy Fund I repaid a EUR 17.5 million loan to Cordiant Capital ahead of schedule
Globenewswire· 2026-01-13 07:30
Core Insights - REFI Solar, part of INVL Renewable Energy Fund I, has repaid a EUR 17.5 million loan to Cordiant Capital nearly six months ahead of schedule, indicating strong financial management and operational success [1][2][4] Group 1: Loan Details and Impact - The loan from Cordiant Capital was utilized to expand solar parks in Poland and Romania, with a total capacity of 389 megawatts (MW) [2] - The early repayment of the loan enhances the fund's capital structure and attractiveness to investors, signaling a successful debt transaction [4] Group 2: Fund Performance and Strategy - INVL Renewable Energy Fund I has raised a total of EUR 97.768 million from investors through fund units and bonds issued by its controlled companies [5] - The fund focuses on early- and mid-stage renewable energy projects, including the construction and management of solar power plants in the EU and EEA [6]
BofA Hikes First Solar Target (FSLR) to $291, Eyeing a 2026 Stock-Picker’s Cycle
Yahoo Finance· 2026-01-12 15:12
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 ...
Nextpower Arabia launches to fast-track utility-scale solar rollout
Yahoo Finance· 2026-01-12 14:34
Nextpower Arabia, a joint venture (JV) between Abunayyan and Nextpower (formerly known as Nextracker), has been officially incorporated to expedite the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA). Based in Riyadh, Saudi Arabia, the JV aims to support regional renewable energy goals, including the country’s Vision 2030 initiative, by diversifying the economy and enhancing local industrial capacity. The collaboration follows an agreement signed in October ...
Enphase Energy Begins Shipments of IQ9 Commercial Microinverters in the United States
Globenewswire· 2026-01-12 13:00
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) ...